Total Crypto Market Cap on the weekly chart

- still a prominent head and shoulders on the weekly chart
- the total market cap has been in a downtrend since the ATH
- there is a large gap in between the conversion line and base line which indicates a drop
- if there is a retracement the target would be towards the bottom of the ichimoku cloud
- if the total market cap dropped this much (around 25%-30%) it would be ruthless for alts