Overall Market Cap Eyes New Highs as Accumulation Pays Off
Crypto market retests past highs as support strengthens, placing overall market cap for a breakout towards the $4.75 trillion mark. Institutional accumulation during 2022-2023 laid the foundation for the current bull rally, sustaining steady momentum into 2025 highs. Technical charts show a clear trend turnaround with balanced volume and bullish signals aiming for a $5 trillion market capitalization move. The overall cryptocurrency market cap reached $3.235 trillion on June 8, 2025, showing a 0.41% daily decline. The market structure suggests a bullish extension is still in play. According to expert BATMAN, this recent dip only strengthens the setup for a significant move higher. The present correction phase follows a peak of $3.8 trillion in late 2024. Hence, this pullback may just be a retest of previous highs before targeting new area. Technical indicators now show strong support around present levels, with market watchers closely eyeing a move towards $4.75 trillion.
Accumulation Zones Fuel Bullish Momentum
The crypto market’s recent rally began after an extended accumulation stage between mid-2022 and early 2023. Market capitalization dropped to $800 billion in mid-2022, erasing almost 73% from the 2021 peak. Institutional players started stepping in during this bottom formation. Volume rose throughout consolidation, signaling long-term accumulation. This buildup laid the groundwork for a two-year bullish trend starting in early 2023. Source: BATMAN
By mid-2023, total market capitalization had cleared crucial resistance levels. It climbed progressively to the current $3.2 trillion zone. Every breakout formed a higher high, indicating the structure of a classic bull market. Market activity continues to confirm this upward trajectory through both price action and volume.
Technical Signals Point Toward $5 Trillion
Current market conditions display consolidation near recent highs without any major sell-off pressure. Trading volumes remain balanced, showing healthy market participation. Technical charts reveal a broken drop, with price action now forming a new base.
The yellow arrow highlights a bullish forecast. Based on previous cycles, analysts expect a measured move towards $4.75 trillion. This forecast aligns with historic cycle periods and amplitude. Additionally, macroeconomic factors seem favorable, adding momentum to this trend.
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