TOTAL Marketcap / Crypto Total Market Cap
TOTAL weekly analysis Week 21 2026. The total crypto market cap index is in a bearish context overall, while current price action still trades as a corrective bounce within that broader impulse.
- TOTAL weekly analysis shows us that this the index corrected some of the last bullish move up but paused last week
- This move is still a part of a broader bearish impulse. At this moment we are still in a bullish corrective move. This bullish corrective move is formed by a bullish M formation (with a double bottom). We could expect a corrective move down after the impulsive third leg.
- If we take the golden pocket, we could still see a further correction of 6-8% before we might expect a further bullish relief.
Market Structure Analysis
From a market structure perspective, our TOTAL weekly analysis continues to treat the larger move as bearish impulse structure, meaning upside legs are currently classified as corrective until proven otherwise with a clear break of structure. The bullish M formation (with a double bottom) signals demand stepping in at a defined swing low, creating a relief leg that retraced part of the prior decline. However, the pause last week fits a common corrective rhythm: after an impulsive push (the “third leg”), the market often rotates lower to rebalance and retest prior demand before any continuation attempt. With the golden pocket referenced, the current rally also sits in a typical support/resistance decision zone where corrective swings can stall and fade back down into the range.
Key Levels and Scenarios
In this TOTAL weekly analysis, the bearish base case remains a continuation of the broader impulse, with the near-term expectation focused on whether the market prints a corrective move down from the recent pause zone. The bullish relief scenario stays valid as long as the double bottom structure holds, but the golden pocket framework leaves room for a deeper pullback (6-8%) before upside relief can re-engage.
- Double bottom support zone (key swing-low structure holding the corrective thesis)
- Golden pocket area (decision zone where the corrective leg can stall and rotate)
- Last week’s pause zone (near-term resistance/inflection for continuation vs rejection)
- Corrective pullback depth (6-8% risk window referenced before potential relief)
Trading Implications
Aggressive participants typically focus on the reaction around the golden pocket and the immediate post-pause structure, while conservative positioning generally waits for confirmation: either a clean downside rotation completing (and holding) support, or a break of structure that invalidates the bearish-impulse framing. In a bearish PHASE 1 environment, patience around support resistance is often more important than chasing the corrective leg.
This analysis is for informational purposes only and does not constitute financial advice.