#total Marketcap (Bitcoin and stablecoins excluded) Looking at the chart, it has received a reaction from support and is rising towards the downtrend. If it fails to break the trend, the rise will remain as a reaction to the decline.

If it closes around 809B, it will have broken the decline. Then there could be some revival in altcoins.
However, the 1.46-1.58T region is strong resistance. If it fails to break it, a new decline may come.
If there is rejection from the downtrend on the rise, we will monitor the 567B level. A close below it will deepen the decline.