The crypto total market cap is in almost an identical situation that it was last summer.It fell down to a key support level and the RSI was over sold at that time. It is currently at the same situation and the new key support level. Previously,the crypto market cap was holding steady at around 1.2T. Currently it is holding steady around 2T. If it can continue to hold around 2T,that is very bullish sign and it will look to continue onto the next leg up.
Hopefully it works out so, cos it's about time
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