CRYPTO Total Market Cap - CAUTION!

Since my last post, Crypto Market Cap has not materially done anything except ride the bottom trendline up clinging and hoping not to collapse.

I have often said a crossing of the line in of itself is not a reason to make a move. (Buy, short, stop, or take profit) This chart is a great example why as to why I have that rule. Not only does it keep violating the line, but the structure is still extremely weak. Hence the saying
"When in doubt, zoom out!"

Despite the move higher Cryptos are still in a very dangerous position. CAUTION is in order for bulls.