The TOTAL crycpto market cap has been in this 1.5 to 1.7T range before and has shown these lines to be both support and resistance
. The big question is the market cap going to find support at 1.7T and then head upwards, or will it find resistance at 1.5T and head downwards.
This is a neutral post as I am unsure at the moment, but trying to see where the total crypto market takes support or resistance is a good starting point for me.
Best of luck out there.