What is TOTAL1, and why do traders need to pay attention to it?



TOTAL1 is a chart that displays the total market capitalization of the entire cryptocurrency market, including Bitcoin and altcoins.
In simple terms, it shows how much capital is currently in the market.

Why is it important to monitor TOTAL1?
— To judge the overall trend
If TOTAL1 is rising, it indicates the market is strengthening. If it’s falling, it suggests funds are withdrawing.

— To filter trading opportunities
When TOTAL1 is rising, long positions have a higher success rate. When it’s falling, the risk of any trade increases.

— To determine the cycle stage
TOTAL1 can help identify whether the market is entering a bull phase or if a correction is about to begin.

— To verify BTC and altcoin trends
When TOTAL1’s increase exceeds that of BTC, it’s usually a positive sign for altcoins.

Summary
TOTAL1 is like a “thermometer” for the entire market. A quick glance tells you which direction big funds are flowing.
BTC-0,41%
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