This chart represents the total cryptocurrency market cap (calculated by trading view), its a bit different than the Coinmarketcap.com chart but it can give us a good idea about the market sentiments.
The fib channels suggest that the market is still in a bull trend, the market also has more room to grow in the 1.61 channel.
The fib channels suggest that the market is still in a bull trend, the market also has more room to grow in the 1.61 channel.