The total market capitalization of cryptocurrencies is testing the lower support level that has held since January 2024. Can we finally push it up?

#Bitcoin An interesting fractal pattern appeared after the last pullback 👀

#Bitcoin - Praying things will go as planned.

According to a Bybit report, Singapore leads the world in cryptocurrency adoption.

#Bitcoin—Not many people are ready to accept it yet.

#Cryptocurrency market capitalization hasn't even seen a parabolic surge yet. Currently, the total market capitalization chart appears to be in a vertical accumulation phase, slowly and steadily climbing upwards, without the explosive upward momentum or weeks-long rallies seen in past cycles. Two scenarios are possible: Either the current bottoming pattern is a springboard for the next significant upward move; or the current trend has ended, and the market may need to go through another cycle before a true parabolic surge can occur.

Ethereum's price against Bitcoin has rebounded from its lows, with the decline mirroring the previous cycle. Currently, it's near a previous support level, after Ethereum surged 170% in just seven weeks, closing higher for seven consecutive weeks, before entering a slow distribution phase. You know what's going to happen next.

#Bitcoin - What if this actually happened?

#Bitcoin - Whenever USDT.D touches this orange box, BTC reverses and rises. If this pattern repeats... an upward trend is imminent. 👀

Macroeconomic Report 🧵 Covering the US Dollar Index ($DXY), S&P 500 Index ($SPX), USDT market capitalization share, Bitcoin ($BTC) and its on-chain data, total market capitalization, and altcoins (#Altcoins) This report will help you better understand market dynamics after today's decline. US Dollar Index ($DXY) The monthly chart has begun to show a bearish structure. We will see new lows in the coming months: