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#TOTAL MARKET CAP ANALYSIS
The total #crypto market cap is currently #trading above the 200 Moving Average, which is acting as a strong dynamic support level. This indicates that the overall macro #trend remains structurally #bullish as long as price continues to hold above this key level. However, the Ichimoku Cloud is positioned above the current price action and is acting as a #major resistance barrier. This suggests that although the market is holding support, it is still facing overhead pressure and lacks strong #bullish momentum for now. On the other hand, a breakdown below the 200MA would weaken the structure and could trigger a broader correction across the market. #crypto