#数字资产行情上升 $BTC market capitalization faces strong resistance at our key level, especially with a clear reaction after touching the weekly simple moving average. This zone constitutes substantial resistance for alternative tokens—once reclaimed, the resistance strength could further intensify. If the upward breakout continues, a bearish divergence may appear in total market cap 3, increasing the likelihood of rejection later on.

From a macro perspective, this indicator remains in a negative trend below this range. This suggests that any rebound in alternative tokens is likely to be short-lived unless the macro structure is repaired. Notably, dominance of other coins is also showing macro resistance on the 4-hour level, hinting that alternative tokens may be losing relative strength—especially when BTC is rejected in the 94K-95K and RSI 50 zones.

The key risk point is coming: if total market cap 3 confirms a lower high on the weekly chart, it will be the first such occurrence in three years. Once established, it indicates a change in macro structure, and the outlook for the rest of the year could turn more bearish. This is not speculation but a conclusion based on current technical signals.