
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Neutral to bullish, bullish after breaking above $950B</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Wait and see; consider going long after a breakout above $950B, targeting cycle highs</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
Total altcoin market cap is holding local support
    </li>
    <li>
a breakout above ~$950B could trigger a move toward cycle highs
    </li>
</ol></p>
                                    </div>
                                    

The $TOTAL Altcoin Market Cap has held on to its local support but is still not showing any clear trend.
Technically we could have formed a higher low last week, relative to the low set in April, but to really get this high timeframe move going you want to break those local highs above the ~$950B mark.
At that point you can start aiming for cycle highs.

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