In periods when prices fall and rise very quickly, we need to pull the time frames a little higher and look. Supports and resistances in higher time frames corresponds to stronger supply/demand areas, so they are more likely to work than lower time frames, and in this sense, it is important to follow them.

Now let's look at the general view. 👀

👉 #TOTAL
$3.3T -$3.35T (middle green box) S-R flip level was daily major support and couldn't manage to hold. It now needs to hold above this level for a market recovery. Above this level corresponds above $BTC ’s $98K-99K.

The green box below is an important support S-R flip zone on the 3D timeframe and was the area that provided support during the previous market crash. A decline to this level could bring $BTC to 90K-91K levels.

Below this would cause deeper declines and bring $BTC 's 84K-85K supports to the agenda. It is important to follow these levels.

👉 #TOTAL2
Currently, $1.27T support looks weak. A pullback to $1.18T support would liquidate $ETH in the 3030 area.

A move below that to $1.09T would bring sub-3000 prices to the agenda. Below $1.0T is a dangerous area and we would like to avoid it.

👉 #TOTAL3
The first important support under $980B was 880-914 levels and staying below this is negative at the moment. The level that needs to be stayed above in the first stage for the return is 880B.

Apart from this, following the main supports 837B, 778B and 715B regions rather than intermediate levels in the continuation of the decline. These major levels would be useful for adding to spot #altcoins bags such as $BNB, $SOL and mid-to low caps.

When we look at the daily charts, we experienced a rapid increase accompanied by a negative divergence on the RSI in all of #TOTAL #TOTAL2 and #TOTAL3 and finally a sharp correction occurred two days ago.
Now let's look at the general outlook. 👀

👉 #TOTAL
$3.3T major support managed to hold and we are experiencing a recovery led by $BTC in the market. It is currently at an intermediate resistance level of $3.53T. As long as it manages to stay above $3.3T and $3.42T, the target is the next major resistance, $3.65T. I think that $BTC will also make a new #ATH with the break of this level.

👉 #TOTAL2
It continues to hold above the $1.44T support. As long as this level is not broken, the target is the previous ATH level of $1.71T and then $1.8T. Serious movements will be seen in $ETH and ethereum betas towards this level. $ETH above $4,000 will come with the break of this level.

👉 #TOTAL3
In the last few weeks, during which we experienced sharp increases in #altcoins other than $BTC and $ETH, #TOTAL3 also tried to break its previous ATH but could not break it the first time due to the reasons I mentioned. It is important for it to hold above the previous major support level right now. This will lead us to a new ATH attempt again. If the $1.13T level is broken and maintained, we can expect serious increases in altcoins up to the next target level of $1.34T in the coming days/weeks.

The Total2 (excluding Bitcoin) Crypto Market Value has witnessed a significant increase to the $820 billion region.According to Wyckoff patterns, this area is considered a correction zone.“We are not at the peak yet; the market is trending upwards despite corrections,” experts suggest.
This article explores the recent surge in the cryptocurrency market, highlighting key indicators and potential opportunities for investors and traders.
Market Surge: Analyzing the Current State

Recently, the Total2 Crypto Market Value, excluding Bitcoin, experienced a remarkable rise to the $820 billion mark. This movement aligns with the Wyckoff distribution patterns, suggesting a correction phase could be imminent. However, this volatility may present lucrative opportunities, particularly for those involved in scalp trading.
Understanding the Correction Phase

The current market conditions indicate a consolidation phase, with the potential for a fluctuating market that could be taxing for investors. Despite this, the bullish trend hasn’t concluded. The market requires a period of rest, and an adjustment in the EMA (Exponential Moving Average) averages is necessary. If an upward movement occurs, investors should view it as a clear exit opportunity. This shift could lead to a short squeeze.
USDT.D and Altcoins: A Closer Look

On the USDT.D front, a decline to the 4.84% region is plausible. This suggests that capital may circulate within the market, potentially leading to the pumping of certain altcoins. The MVRV-Z Score is approaching a value of 2, which historically indicates an increased likelihood of a market correction; the current value is at 1.61. Thus, the next surge might offer a short-term exit opportunity for savvy traders.

Pi-Cycle Top Indicator: Not a Peak Yet

According to the Pi-cycle top indicator, we are not currently at a market peak. Instead, we are in an ascending trend, which is expected to continue despite ongoing corrections. This trend underpins the belief that “the worst is behind us” and suggests that a significant rally is yet to commence. We are still far from the peak, indicating that opportunities are not just ongoing but may be just beginning.
Bitcoin’s 200 Week Moving Average Heatmap

Turning our focus to Bitcoin, the 200 Week Moving Average Heatmap shows that we are still in a phase of growth and far from the market top. This is a critical indicator for long-term market trends and supports the view that the cryptocurrency market, especially Bitcoin, has more room to grow.
Conclusion
In conclusion, the crypto market is showing signs of a bullish trend with opportunities for both short-term and long-term investors. While corrections are anticipated, underlying indicators suggest a continuing upward trajectory. This period could be strategically significant for investors looking to capitalize on the market dynamics.
$BTC #TOTAL2

What is it with Quarter 4 and 1 synonymous to Bullish and Bearish.
If Q4 is Bullish most likely Q1 will be Bearish, vice-versa
Meanwhile what Altcoin are you holding because it is right about time. 🚀