#MARKET CAPITALIZATION ANALYSIS

The total market capitalization of cryptocurrencies has broken the symmetrical triangle pattern with significant trading volume and is currently undergoing a retest of the level that was broken.

The Ichimoku cloud is acting as a resistance barrier above the current price action.

If the retest is successful, this will open up the possibility of further declines, while if it fails, the price may continue to oscillate within the pattern.

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