- $TOTAL flipped monthly range, breaking above $3.84T—structure now mirrors previous breakout phases with strong trend momentum.
- 1M RSI hits 69.21, near overbought for first time since 2021—past cycles show rallies start at this threshold.
- OBV breakout confirmed on monthly close—volume surging ahead of price suggests the start of aggressive market-wide upside.
The Crypto Total Market Cap ($TOTAL) has exited its extended consolidation phase, now showing strong signs of entering a new bullish cycle. With technical indicators flashing green, the market appears to be shifting momentum toward sustained price discovery.
$TOTAL Breaks Past $3.84T as Macro Structure Shifts
The total crypto market cap has surged beyond the $3.84 trillion mark, turning a long-standing resistance into a firm support zone. This breakout follows months of price stagnation near the $2.57 trillion level, which previously marked the upper boundary of the range.
The change in structure suggests the end of sideways market behavior. Instead, historical patterns now point to the beginning of a new trend. This shift is viewed as a move toward broader market expansion rather than short-term volatility. Traders continuing to expect deep corrections may be missing early signals of a macro trend forming.
Technical Indicators Signal Sustained Bullish Momentum
Scient shared on X that “Overthinking here could cost a lot,” referencing multiple indicators supporting a bullish outlook. The 1-month Relative Strength Index (RSI) is currently at 69.21, approaching overbought territory. Historically, such levels coincide with the beginning of long upward trends.
The On-Balance Volume (OBV) indicator has also broken out with the latest monthly close. OBV is closely monitored for tracking volume flows, and breakouts in this metric often precede aggressive price movements. The combination of rising RSI and confirmed OBV breakout reinforces the view that momentum is accelerating.
Market Behavior Mirrors Previous Expansion Cycles
Current technical patterns resemble previous crypto market cycles, where clean breakouts led to months of upward movement. According to the chart, a macro target of around $8.4 trillion is now in play, implying over 2x potential growth from current levels.
Scient notes this move “now stops only after a MACRO Top is in,” indicating that the current market condition favors trend continuation over correction. With key indicators aligning, the focus now shifts to riding momentum rather than waiting for re-entry.
#TOTAL continues to lead, showing strength that may redefine the direction of the entire crypto space.
