Crypto Market Structure Strengthens as $TOTAL Retest Hints at New Parabolic Phase

The $TOTAL market cap breakout from the Cup and Handle pattern in November 2024 initiated a decisive, structurally strong upward wave.

The July 2025 retest of the former all-time high demand zone confirmed previous resistance turning into support, reinforcing bullish market sentiment.

Continuous defense of the SMA20 since November 2023 signals resilient market structure and strengthens the foundation for an upcoming parabolic phase.

The $TOTAL market cap chart continues to display a robust bullish setup as technical structures confirm ongoing market strength. Key indicators and trend formations suggest a transition toward a renewed parabolic phase following recent successful retests.

Cup and Handle Breakout Confirms Ongoing Bullish Structure

According to EtherNasyonaL, the $TOTAL market cap has maintained a consistent upward trajectory since the Cup and Handle formation breakout in November 2024. The move triggered a decisive bullish wave that gained further validation through a successful retest in April 2025. This retest reaffirmed the market’s breakout zone and strengthened investor confidence in the structural trend.

In July 2025, the chart exhibited another significant technical confirmation as price broke upward through the demand zone around the November 2024 all-time high (ATH). A breakout through this area simply indicates that previous resistance has now become solid support, a observation that appears consistently under long-term uptrends in markets. A retest of the zone is currently in process, oftentimes a precursor to a sustained rally in the the broad market valuations.

The continuous price action above the previous ATH range further reinforces the stability of the bullish structure. Market participants are closely monitoring the ongoing retest, as historical behavior of similar setups often leads to an accelerated upward trajectory once confirmation occurs.

SMA20 Defense Strengthens Market Foundation

Another vital component promoting the market's resilience is the continued defense of the 20-Day Simple Moving Average (SMA20). Battlestar Galactica, analysis identifies a mean of the SMA20 was technically broken in November 2023 and has persistently acted as a dynamic support level throughout the entire 2024 and 2025. This sustained defense is an important indicator of trend reliability within the broader crypto market.

Each time the $TOTAL market cap approaches the SMA20, buying pressure appears to reemerge, maintaining market direction and preventing extended drawdowns. The pattern indicates continued participation from long-term holders and institutional entities seeking structural confirmation before further expansion.

From a technical viewpoint, the combination of a defended demand zone and the SMA20 acting as a support base reinforces a setup for another parabolic advance. Once the current retest concludes, historical data suggest the crypto market could initiate a new growth phase, pushing valuations toward fresh record highs.

The post Crypto Market Structure Strengthens as $TOTAL Retest Hints at New Parabolic Phase appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.