#TOTAL MARKET CAP ANALYSIS


the total market capitalization has recently broken above several key technical indicators, namely the Moving Average 100 (MA 100), Ichimoku cloud, and primary horizontal resistance. Historical data analysis indicates that when such breakouts occur, strong bullish rallies typically follow.

The MA 100 is a commonly used indicator to identify a long-term trend in the market. Its breakout suggests that the market has shifted from a bearish phase to a bullish one. Similarly, the Ichimoku cloud is a comprehensive indicator incorporating multiple trend signals, and a breakout above it indicates a shift towards a bullish trend.

The primary horizontal resistance refers to a significant price level at which the market has previously struggled to break through. When the market successfully breaks above this resistance level, it suggests a shift in momentum favoring the bulls.

According to historical data, when breakouts beyond these key indicators have occurred in the past, the market has experienced strong and sustained bullish rallies. This observation leads to the expectation that a similar rally is likely to happen now, as long as the market continues to trade above these specific indicators.

It is important to note that technical analysis alone cannot guarantee future market movements with absolute certainty. It is always prudent to consider other factors such as fundamental analysis, market sentiment, and external events when making trading or investment decisions.