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#total Marketcap (Excluding Bitcoin and stablecoins) Looking at the chart, we see a reaction from support and rising toward the falling trend. If the trend isn't broken, the rise will remain as a reaction to the decline.
If daily close occurs around 809B, it would break the decline. Then there could be some recovery in altcoins.
However, the 1.46-1.58T region is strong resistance. If it can't break through, a new decline could follow.
If rejection occurs from the falling trend during the rise, we'll be watching the 567B level. A close below it would deepen the decline.