The $TOTAL Altcoin Market Cap has made new all time highs this week and is attempting to move above its 2021 high.
This current weekly candle is going to be important to determine whether we see a convincing break or not.
I'd want to see this close at least 1-2 weekly candles

Twitter

[Chinese-speaking area]
When a joke is worth more than $500 million, it's no longer a joke.
On the evening of October 4th, Binance co-founder He Yi reply on X, "Wishing you a Binance life," was like a spark thrown into a haystack, instantly igniting a firestorm that engulfed the Chinese crypto world. Within 96 hours, a meme coin coined from this meme skyrocketed from zero to over $500 million in market capitalization. This wasn't just an isolated get-rich-quick scheme; it was a textbook narrative blitz orchestrated by market sentiment, executive interaction, and community power. It accurately exposed the core of the current market...

Binance Life skyrocketed 6,000-fold, and Chinese memes took to the poker table.

Ethereum has been highly correlated with small-cap equities, which are very sensitive to interest rates, and analysts say both could move higher with more cuts on the horizon.
Analysts at macro invest...

A ‘spooky’ Ethereum correlation suggests an imminent breakout

Exchange inflow data already showed $5.7 billion moving from STH wallets into exchanges earlier this week, marking an early sign that profit-taking is not a theoretical risk, but an active one.