#TOTAL2

TOTAL2 has been a very reliable chart to base the bull runs on. We're looking at it now to see where we could potentially reverse. For this chart to be bearish, we would have to take out the low at 850 billion. As long as we put a higher low above that, the chart will remain bullish in the longer term.

Between August and November, we went through an accumulation phase, where we put consecutive higher lows after completing a bullish harmonic. We can also see that from the low to the first higher low, before breaking out of the exponential down curve, we retraced a perfect 0.786, which is very typical of a wave 2 retracement. If you then take the Fibonacci extension levels from the high to the low, we hit a perfect 4.618 extension, which is uncommon but very possible for a wave 3 extension. This would currently put us in a wave 4 correction.

We have retraced and have today cut through the 0.382 retracement level and are sitting at the 1.26 support. However, this isn't a reliable support, as it only acted as resistance in the past and has never been held as support. We could, therefore, expect to go lower, and the next level would be the 0.5 retracement level at 1.21 trillion.

For a wave 4, it is common to retrace between the 0.5 and 0.618, and the 0.618 is around 1.11 trillion, which is where the next zone of support sits. I would, therefore, find it possible, if not probable, to retrace all the way down to the 0.618 at 1.11 trillion dollars and accumulate within that zone of support before the next substantial rally.

The next substantial rally will hopefully bring us to all-time highs, but it does not necessarily have to do that. We could retrace and put in another lower high, which would, at that point, confirm distribution and likely indicate a mid-to-long-term pause in the bull market, if not a reversal into a bear market. Until this happens, or we take out the low at 850, we remain bullish.

The last points to consider are that we didn't distribute at the highs and didn't have a major liquidation event, this suggests that these assets will revisit the highs or have deep retraces into them. We are also developing bullish divergence which will mature as long as we stay above 850 b. For that reason, we are not selling anything at these prices.

Conclusion

Analyze prices carefully around these levels:The current support at 1.26.The next support at 1.11 trillion.Look for TOTAL2 to showcase bullish accumulation or reversal.Once TOTAL2 signals its direction, focus on individual assets that align with the macro trend.Updates on specific positions will follow.

Acá hay que dejar varios puntos claros, en mi artículo de cuidado explique porque ha de tener cuidado este mes de enero, ahora explico que debe pasar para que pueda generar la alt season
La dominancia de bitcoin debe bajar por debajo de 55%$BTC debe mostrar fortaleza, en la zona donde está no muestra nada de fortaleza, por encima de 100k nos daría esa posibilidadLa dominancia de usdt debe bajar actualmente está mostrando fortaleza a pesar de las noticias #TOTAL2 debe mostrar fortaleza, actualmente en diario está mostrando debilidad haciendo mínimos más bajos y máximo más bajosEsperar que el mercado también de signo de fortaleza y el sp500 no lo está dando, está incluso formando estructura bajista en diario que indica corrección Esperar informe de Powel que ayude aumentar liquidez al mercado y seguridad a los inversores
Recuerden que la alt season ocurre en un periodo corto de tiempo dónde explota en un periodo de 3 meses de manera parabólicas y luego comienzan a bajar, pero para que esto ocurra debe cumplirse condiciones de mercado, cuando esto pase podemos entrar en altcoin irnos con el movimiento y tomar ganancias. Recuerden que gráficamente las altcoin solo suben en un rango de tiempo muy corto, estamos en las puertas de alt season? Yo digo que hay que esperar estar atento y tener la liquidez en la mano

When we look at the daily charts, we experienced a rapid increase accompanied by a negative divergence on the RSI in all of #TOTAL #TOTAL2 and #TOTAL3 and finally a sharp correction occurred two days ago.
Now let's look at the general outlook. 👀

👉 #TOTAL
$3.3T major support managed to hold and we are experiencing a recovery led by $BTC in the market. It is currently at an intermediate resistance level of $3.53T. As long as it manages to stay above $3.3T and $3.42T, the target is the next major resistance, $3.65T. I think that $BTC will also make a new #ATH with the break of this level.

👉 #TOTAL2
It continues to hold above the $1.44T support. As long as this level is not broken, the target is the previous ATH level of $1.71T and then $1.8T. Serious movements will be seen in $ETH and ethereum betas towards this level. $ETH above $4,000 will come with the break of this level.

👉 #TOTAL3
In the last few weeks, during which we experienced sharp increases in #altcoins other than $BTC and $ETH, #TOTAL3 also tried to break its previous ATH but could not break it the first time due to the reasons I mentioned. It is important for it to hold above the previous major support level right now. This will lead us to a new ATH attempt again. If the $1.13T level is broken and maintained, we can expect serious increases in altcoins up to the next target level of $1.34T in the coming days/weeks.

In periods when prices fall and rise very quickly, we need to pull the time frames a little higher and look. Supports and resistances in higher time frames corresponds to stronger supply/demand areas, so they are more likely to work than lower time frames, and in this sense, it is important to follow them.

Now let's look at the general view. 👀

👉 #TOTAL
$3.3T -$3.35T (middle green box) S-R flip level was daily major support and couldn't manage to hold. It now needs to hold above this level for a market recovery. Above this level corresponds above $BTC ’s $98K-99K.

The green box below is an important support S-R flip zone on the 3D timeframe and was the area that provided support during the previous market crash. A decline to this level could bring $BTC to 90K-91K levels.

Below this would cause deeper declines and bring $BTC 's 84K-85K supports to the agenda. It is important to follow these levels.

👉 #TOTAL2
Currently, $1.27T support looks weak. A pullback to $1.18T support would liquidate $ETH in the 3030 area.

A move below that to $1.09T would bring sub-3000 prices to the agenda. Below $1.0T is a dangerous area and we would like to avoid it.

👉 #TOTAL3
The first important support under $980B was 880-914 levels and staying below this is negative at the moment. The level that needs to be stayed above in the first stage for the return is 880B.

Apart from this, following the main supports 837B, 778B and 715B regions rather than intermediate levels in the continuation of the decline. These major levels would be useful for adding to spot #altcoins bags such as $BNB, $SOL and mid-to low caps.