The crypto market is making some intraday pullback due to the stock market slowdown, as Trump recommended a 50% tariff on the EU last week. However, he quickly changed the glance and turned the tables over the weekend, and after a ‘very nice call’ with EU chief, he delayed tariffs till July 9. So, we can now see stabilization and recovery on stocks and Cryptos, but we are not sure if the correction is fully finished. It's still holding up well and still looks like a corrective movement within uptrend, so there's still a high probability for more gains after current corrections, especially if we consider that technology sector NASDAQ100 keeps pushing higher after NVIDIA surpassed earnings, which can be supportive for the cryptocurrencies. 

Crypto TOTAL market cap chart is still consolidating, which more and more looks like a bullish triangle pattern in wave 4 that can shoot the price straight higher for wave 5. Second deeper support is at 3.2T – 3.0T area.

Even TOTAL3 Crypto market cap, which excludes Bitcoin and Ethereum, shows a correction, ideally a bullish triangle pattern within wave 4, so once it’s fully completed, be aware of a breakout higher for wave 5 towards 1T area. Looks like Crypto market can easily stay in the uptrend, especially ALTcoins, which could see higher levels after current corrections.

For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on May 26 2025: