TOTAL Market Cap: Old Cycle Tops Are Becoming Support
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Crypto TOTAL Market Cap is sitting at one of the most important cycle retest zones on the chart.
The key idea is simple:
Old cycle tops are trying to become new cycle support.
In the previous structure, the 2018 ATH area later became the 2022 cycle-bottom region.
That was a major market message.
The old top turned into the next cycle’s floor.
Now we are seeing a similar test at a larger scale.The 2021 ATH / cycle-top zone has been broken, and the market is now retesting that broader area from above.
That is why the current 2.4T-2.7T region matters so much. not a random consolidation.
This is the market testing whether the previous cycle top can become the new structural base.
The weekly RSI adds another layerr.RSI already flushed into the low zone near the previous major reset areas and is now recovering toward the midline.
So this does not look like late-cycle euphoria.
It looks like a market that already cooled down, defended a major historical level, and is trying to rebuild.
The important distinction:
If TOTAL holds this zone, the crypto market is not rejecting the 2021 cycle top.
It is accepting it as support.
That would be structurally bullish. The next confirmation is a clean move back above the 3T region. Above that, the previous high zone around 3.7T-4T becomes the next major test.
The caution is also clear.
If TOTAL loses the 2021 ATH retest area and fails to reclaim it, the structure becomes weaker and the market may need a deeper reset.
Crypto is not in a euphoric blow-off zone here.
It is testing whether the old cycle ceiling has become the new cycle floor.
That is the entire significance of this chart.
2018 top became 2022 support.
Now the market is asking whether the 2021 top can become the 2026 base.
If yes, the next expansion phase will have a much stronger foundation.
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ALS season please come