Total Market Cap Looking Good (Our North Star)
The Total Market Cap looks good here. It just needs to break and hold above the $4.2T level, then it's off to the races. However, if it puts in a lower high here and can't hold above $4T, then we may have some more time consolidating in this range. I'm cautiously optimistic here but it's a key level to break. Reminder that the last market cycle top was exactly at $3T in 2021. A 'Rising tide lifts all boats' so I'm primarily watching this to see what Bitcoin and the rest of the crypto market.