Breakdown Alert: Crypto Market Cap Tests Major Demand Zone

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The total crypto market cap is testing a key support zone around $3.23T. This area has acted as a demand zone in the past, and now price is hovering right above it.

The current structure suggests a possible breakdown–retest–continuation setup. If price retests this zone from below and fails to reclaim it, further downside toward $3.0T could be likely.

This idea is based on price action and structure only — no indicators used.

❗ This is a personal analysis for educational purposes only. Not financial advice.
Feel free to share your thoughts or technical perspective in the comments

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