Gersemi

Crypto Total: pullback to trendline?

CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
The total crypto market cap has been marching onwards up in a steep trendline until just below 3T. A strong mental barrier, with the taproot update and rising wedge for BTC it seems like an obvious time for taking profits, 10 to 30 percent corrections happen in the bullruns! Personally I shorted this but that does not indicate that Im a bear. I expect that we might see a drop and retest of that previous swing high. Seeing the total hold at that area and the potential lower trendline would be a buy for me.
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