The Bullish Reclaim: Is Crypto's Total Market Cap Flipping ATH into a Launchpad?

The total cryptocurrency market capitalization is exhibiting classic bullish structural integrity. Since the 2022 cycle bottom, the market has traded consistently within a parallel channel, defined by successive higher highs and higher lows. This uptrend structure remains perfectly intact.

Crucially, total is currently re-testing and successfully defending the prior 2021 cycle top, a textbook pattern where former resistance transforms into foundational support in a robust market. As long as the price sustains above the previous higher low, the macro bullish thesis holds strong.

Adding momentum confirmation, the Stochastic RSI has flashed a bullish cross. While the signal requires confirmation above the 20 level, historically, every major rally in this cycle has been preceded by this exact momentum confirmation. This technical confluence suggests the stage is set for the next high-velocity move, validating the current consolidation as accumulation. $BTC