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#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is consolidating within a bull flag pattern. It is currently trading below the Ichimoku Cloud, which is acting as a resistance barrier above the current price action.
A breakout above the Ichimoku Cloud and the pattern's resistance trendline would provide strong bullish confirmation. Conversely, if the market cap breaks below the support trendline, the pattern will be invalidated.
