For more context on what each of these levels represent, view my past idea:
The total crypto market cap has just reached the top of the midrange once again. I have this level outlined at $2.62 trillion with the orange ray.
In May 2026, the total crypto market cap was only able to extend slightly above this level for one week before collapsing back toward the $2 trillion level, marked with the green ray.
This brings me to my next point. Even if price does continue climbing above this zone, as the market cap saw yesterday with a move to around $2.67 trillion, there is an even more critical level sitting around $2.71 trillion and it will likely not be easy to break through on the first attempt.
That same $2.71 trillion level was what helped identify the crash beginning before it actually occurred, as outlined in this idea:
Therefore, watch closely how the weekly candles interact with the orange ray around $2.62 trillion, as well as the yellow ray around $2.45 trillion.