TOTAL CRYPTO MARKET CAP ANALYSIS
As you can see from the chart
we have broken the 2.16T support
with a candle open/close below it on Jan 6
We have moved mostly into USDT after this candle open/close
We can potentially see a 20% drop in the market to the next strong support
OR
maybe just 8-10% drop to a local (less strong support --- dotted line)
We will wait to buy around support
OR until we get a candle open/close above resistance
we have broken the 2.16T support
with a candle open/close below it on Jan 6
We have moved mostly into USDT after this candle open/close
We can potentially see a 20% drop in the market to the next strong support
OR
maybe just 8-10% drop to a local (less strong support --- dotted line)
We will wait to buy around support
OR until we get a candle open/close above resistance
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