hey what’s going on everybody uh today we’re going to talk about uh crypto total market cap excluding the top 10 uh the total market cap chart where ethereum is and how big of a level where ethereum is and where a lot of these top cap altcoins sitting at their bare Market lows uh will they bounce again or will this time be different all right so if you like today’s video smack up the likes uh we’re going to talk about this stuff today we we talked about where these coins are at critical levels the last live stream but we’re going to do an update today and then you guys can go enjoy your beautiful beautiful weekend uh wherever you are in the world all right so let’s Jump On In This we’re going to start with the crypto total market cap excluding the top 10 all right so with this chart what I want to demonstrate is how important it is to get more money into markets so this yellow here is the global liquidity index shows how much new money or how much less money is going into Global markets right so obviously we know with altcoins right A lot of times we need new money coming into markets right in in the global you know all around the world in every Market um in order to see old coins kind of move up right and we made the case in the last video that we need to start seeing Global liquidity move up all right now as you guys will notice every single time Global liquidity moves up right we end up seeing all coins move up right Global liquidity moves up we eventually see altcoins move up right and the biggest impulses for altcoins come after global liquidity moves up right in almost every scenario so what I want to point out to you guys here is we are starting to see once again and and we kind of talked about this how it would be so likely if we see global liquidity bounce again right off this General trend line right we’re here big move up in global liquidity here big move up on global liquidity here move up on big move up on global liquidity and now we’re back down to that trend line and we’re seeing Global liquidity start to move up again so isn’t also funny that while we have Global liquidity at this level where we’ve seen it bounce you know four times um since 2022 all right which means new money is entering markets right we’re going from about 104 trillion to about 107 trillion um wouldn’t it be funny if this just kind of continues up from here makes a high right and we start to see a lot of these coins and you know others and total market cap and ethereum and you know we’ll talk about a few other smaller altcoins start to bounce from these support levels now what I want to make this clear is obviously you guys can see that others is at the point where it’s bounced in this market every time right from here June right August September November and back again here in February we sell bounce doesn’t mean we have to see a bounce right away right for instance right here we started to see global liquidity move up and altcoins still I mean from that point where it started to move up still went sideways for you know a month or so before they follow Global liquidity into a new high right so which is right here right Global liquidity started to move up at about June 26 you guys can see that altcoin still kind of chopped around for a bit before they followed um kind of the same thing here Global liquidity started to move up you know right around November of 2022 allcoins still kind of Cho around for a little bit before they saw a move up right so doesn’t mean we have to go up right away we could still chop around this trend line right maybe even Wick below it again but ultimately I am expecting this to result into higher prices for all coins right and just to kind of illustrate you know this point of you know trend line bouncing again on others and Global liquidity that also leads into total market cap and what we’ve been talking about which is we remain bullish on the crypto Market as long as total Market cap continues to hold its previous 2021 and 2024 all-time highs and we continue to hold this green box as support right and we’re just looking at this as a previous resistance into support flip for the total crypto currency right market right as we’re seeing Global liquidity move up we also seeing total market cap retest this previous resistance as support and we’re looking for this to move up as well all right and as long as this green box holds we continue with the Mantra that we are bullish on the crypto Market if we start breaking back below this green box this time is different right and then we have to start talking about some other stuff but as of right now we are holding this and it’s looking very very beautiful right and that leads us into where ethereum is right and and if you just kind of look at and I kind of want to go over a few charts today just to show you where we’re why we are at such big levels not only on the other’s chart and total market cap uh but if you just look at the ethereum chart and we know ethereum is a big chunk of the crypto total market cap so where is ethereum well it’s at the point where it’s bounced once twice three times four times and here we are again in this almost ascending triangle structure again as sentiment gets extremely extremely bearish at support right okay now once again doesn’t mean we have to bounce right away if you notice every time we hit this we did bounce around for a few weeks right bounce around for a few weeks bounce around for a few weeks we bounced around for a few weeks and actually right here we bounced around for a few months so it doesn’t mean we have to bounce right away and go to the Moon right we could histo you know in theory bounce around here for a few weeks maybe for the rest of February and then in March start to move up right so same kind of deal as long as eth holds this level it’s all good in the hood we start breaking down it’s Humpty Dumpty sat on the wall this time is different and most likely what you’re seeing if ethereum breaks this level is you’re also going to see total market cap start to break this green box on weekly closes which is we know what we don’t want all right so you guys can see ethereum is such such such an important level on the charts and that leads me to my next point which is these these lower capit all coins right these lower Cap all coins so where are they and I made this point many many many times okay I’m just going to show you guys a few of the charts and you guys can dissect whatever you want to take from this chart but if we just look at something like polygon all right madic whatever you want to call it they changed their name like freaking three times not saying buy madic I don’t own any madic and I don’t plan on owning any Matic just going to use it for an example back down to a level where historically everyone gets bearish at the lows happens every single single time right April 2021 we saw a big bounce from this level June 2022 we saw a big bounce from this level November 20124 we saw a big bounce from this level now we’re also now we’re back here again and it’s on almost like everyone thinks that all coins can’t move up again despite the fact that we’re at the level where we’ve seen three big impulses of at least two 3x’s on madic uh happened in the past okay so just to show you guys one example I could show you guys a bunch of these charts that have very very similar you know sort of areas of where they are um let’s go look at what’s another one you know and it’s not saying buying of these a lot of these are not the best right but you know polka dot right we’ve already seen a nice Bounce from that level that we talked about in the last stream but you know November 2020 we saw a big bounce October 2023 we saw a bounce to the range highs November 2024 we saw a bounce to the range highs here we are again no one wants to touch it no one thinks that all coins can move up despite the fact that they’re at the same point where they moved up three times in the past is this time different will they break down well maybe but if you just kind of look at where they are guys it makes sense for a bounce and if you zoom in you’re already kind of seeing them bounce from the level that we talked about it’s more likely that you see a bounce buying in this green box and in these low zones if you are a fan of these coins is probably the better option rather than selling at the lows all right so here we are again polka do getting a bounce doesn’t mean we have to bounce straight to the range highs once again we can bounce around for a little bit we did it here we bounced around for about a month or month and a half we could easily Bounce Around in here for a month right something like this before getting back to the range Highs but my guess is these ranges hold right which also goes into the standpoint of total market cap retesting the previous alltime highs and so many of these coins like ethereum at huge support dot at huge support polygon at huge support literally bare Market lows being musol for the total market cap chart right so my standpoint is I believe total market cap will hold this level AS Global liquidity increases over these next few months and you know a lot of these coins that range lows like madic and Dot do get nice bounces at least back to the range highs and a lot of the strong old coins which we’ve we’ve already discussed um you know xrp probably doesn’t moon right away we probably have to chop a little bit more for xrp uh Chain Link holding a lot these coins that been holding up very well um do extremely well before May and why before May well we know historically if we just kind of look at you know maze in the past um you know buy you know selling May and go away is a huge huge huge big deal right you want to sell and May and go away in in 2021 because you saw about you know for the total cryptocurrency market cap you saw about a 56% correction in May of 2021 if they actually go back also to 2017 doesn’t look like it here but we actually saw approximately about a 31% correction for total market cap in 2017 right so selling May and go away is legit um and typically what we see in these postelection years is you do see a rally uh before May sometimes it’s you know starting in February sometimes it’s starting in January as we looked at in the past uh but we do see a rally before May and the selling May and go away Mantra has been so true and if you actually look at all the previous years 2021 2022 2023 2024 the Summers have historically been pretty bad right or sideways so my plan is and still my plan is um and and you guys make your own plan because you know cryptocurrency Market is crazy my plan still is um ride these coins up before May and before may get out and if we don’t move up by May then we got we got to kind of reassess and kind of see where we are right but my my standpoint is that now we’re starting to see global liquidity move up right the FED isn’t printing but that probably means that other countries are Global Equity starting to move up total market caps retesting the previous alltime High my guess is it moves up and you see ethereum Bounce from the support maybe we Cho for a few more weeks right we see you know these coins like madic that are at range lows and everyone’s bearish on them now when you know they should have been bearish on them you know a little bit higher but it is what it is now everyone’s bearish on them at range lows where historically it’s been the best buying opportunities at these range lows I know no one wants to hear it now because now it’s just a pared nonsense that these altcoins can never move up again whatever um my guess is they do Bounce from here from these points maybe into lower highs on a lot of these uh but we still get uh pretty good bounces on these um like I said maybe it takes a few weeks of chop like it has in the past maybe it doesn’t that’s why I think being positioned is key um but that’s really the that’s really the story today guys so if you enjoy today’s video smack up the likes I’ll catch you guys in the next one uh most likely on Monday um once again still waiting for some good price action to hop on a stream all right um kind of just chop it around some days are green some days are red kind of just chop it around for a lot of these coins some are doing pretty well like xrp Litecoin just continue to be the uh you know the fundamental coins um that continue to form um mem coins getting little bounces I expect those to be lower highs and uh yeah that’s it today guys catch you guys in the next one subscribe if you’re new like the video catch you guys on Monday later
