The total #cryptocurrency market capitalization is currently consolidating within an ascending triangle formation. While the price action remains supported by the ascending trendline, the 50-period Moving Average (MA) continues to serve as a primary overhead resistance level.

Bullish Scenario: A sustained bounce from current support levels could lead to a retest of the upper resistance.

Bearish Scenario: Conversely, a decisive breakdown below the pattern's support would likely signal a broader market correction.