#DEFI The total DeFi market cap presents an interesting picture on the chart. The double bottom pattern is holding steady at the support level in February. Notably, the current price trend is above the level of the October 10 event. This technical setup suggests a potential accumulation phase dynamic. Maintaining these support areas while forming higher lows could indicate a boost in industry confidence.
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#DEFI The total DeFi market cap presents an interesting picture on the chart. The double bottom pattern is holding steady at the support level in February. Notably, the current price trend is above the level of the October 10 event. This technical setup suggests a potential accumulation phase dynamic. Maintaining these support areas while forming higher lows could indicate a boost in industry confidence.