This particular range of total Crypto M.cap has played a significant role in bull markets as well as in bear markets.
1.1 T$ - 1.2 T $
Earlier this area acted as resistance, but then as support.
this area has earlier been tested multiple times.
in 2017 Same pattern was formed, and after breaking the neckline it corrected almost 76%.
if we Assume the same pattern, after breaking this range of 1.1 - 1.2 T it could go down really well.