Looking at the Total Market Cap, $TOTAL there is only one key point: the weekly box needs to be recovered. Until that level is decisively regained, there is nothing really bullish to read on the macro front. At the moment, the market remains structurally weak: the rebounds we are seeing are technical, fragile and lacking in continuity. Without a recovery in the structure, any upward momentum remains exposed and easily reabsorbable. That said, if the price manages to slow down and stop falling impulsively, we could enter a phase of compression/range. And that's where the game comes back for traders, especially on altcoins, with range trading, rotations and very tight risk management. But on the macro picture, the message is clear: 👉 without a recovery in structure, the market remains weak. First comes structure, then expansion.