total market cap thoughts

I don't check very often indexes however I did check on this one because, as you can see, TMC has been going down for weeks now and according with TA it might keep going down at least until the beginning of 2022. Even without watching an index is pretty clear there's no much money entering crypto right now and this is the reason why major coins and tokens are too much connected with BTC behaviour while only small market cap coins pumps from time to time. Basically money is moving from a project to another but to see everything pump we need new money to enter again crypto.

Hopefully this will happen in January, meanwhile if you have fiat left.... BUY THE DIP!

Happy holydays.