What is TOTAL1, and why do traders need to pay attention to it?



TOTAL1 is a chart that displays the total market capitalization of the entire cryptocurrency market (including Bitcoin and altcoins).
In simple terms, it shows how much capital is currently in the market.

Why is it important to pay attention to TOTAL1?
— To judge the overall trend
If TOTAL1 is rising, it indicates the market is strengthening. If it’s falling, it suggests funds are withdrawing.

— To filter trading opportunities
When TOTAL1 is rising, the success rate of going long is higher. When it’s falling, the risk of any trade increases.

— To determine the cycle stage
Through TOTAL1, you can judge whether the market is entering a bull phase or about to start a correction.

— To verify the trend of BTC and altcoins
When TOTAL1’s increase exceeds that of BTC, it is usually positive for altcoins.

Summary
TOTAL1 is like the “thermometer” of the entire market. Glance at it, and you can tell which direction the big funds are flowing.
BTC-0,51%
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