Crypto Marketcap Explodes Higher

Today was a good day for crypto markets as total marketcap reached back to $487B. I think this is very healthy move higher after breaking that downward channel at around $400B.

We are very close to that $500B psychological level. Below is the chart;

I think once we take back $550B, there will be bunkers!

Below are the previous charts we shared;

What do you think? Please share your thoughts as I am not a professional analyst.