$TOTAL, The most intriguing chart on the board right now.


I don’t like speaking in absolutes, but this chart is pushing me to believe that the market wide #Crypto bottom could be in.
There’s one key nuance to notice.
In bear markets, Crypto has a habit of making clean breaks of swing lows — it never sweeps below them and then spends weeks consolidating above.
When that failed-breakdown behavior starts printing, it signals a change in momentum. Historically, every time price failed to break below a key swing low, it marked either a macro bottom or a major counter-trend rally.
I’ve marked the clean breaks with red lines and the failed breakdowns with blue lines. Look at what price is doing right now at the current blue line — swept the low, failed to break, and has been consolidating above it for weeks.
Why I lean bottom rather than counter-trend rally: the weekly RSI is at historical levels, printing the same bullish divergences that ended the last two bear markets in 2018 and 2022.
I could go back till 2014 the nature of price action stays same.
Thoughts?
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