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On the weekly timeframe, the #TOTAL1 ascending wedge pattern has been broken. This pattern typically indicates a trend reversal from bullish to bearish.
However, this does not necessarily mean that the price will drop sharply. The RSI (RSI) is approaching the oversold region, so we may see a slight increase next week to retest the channel support level before continuing the decline.
Bearish target: at least 2.4 trillion.
*TOTAL1 is a market indicator in the cryptocurrency market representing the total market capitalization of all cryptocurrencies combined, including #بيتكوين and #إيثيريوم altcoins.