The total cryptocurrency market capitalization is creeping closer to a massive psychological milestone: $4 trillion.
While prices have cooled slightly in the past 24 hours, one well-known analyst believes that this rally still has plenty of fuel left.
Jason Pizzino, a prominent voice in the crypto analysis space, recently shared his view on where the market could be headed. He suggests that current price levels are aligning with key resistance zones but sees potential for further upside in the months ahead.
According to Pizzino, the broader market has followed a predictable structure between the 2022 bear market and the February 2024 peak. He uses this historical price movement to project several major resistance levels, with $3.8 trillion acting as a crucial short-term ceiling. That level sits just above where the market cap stands now — roughly $3.64 trillion.
Beyond that, he identifies a series of potential targets: $4 trillion, $4.7 trillion, and possibly even as high as $5.3 trillion. These projections are based on Fibonacci-style extensions, a method often used by traders to anticipate future price reactions.
Despite recent volatility, the tone of Pizzino’s analysis remains optimistic. He believes this cycle hasn’t yet hit its euphoric phase — and if momentum continues, things could escalate quickly.
With market participants watching closely, the question now is whether crypto can break through the psychological barrier of $4 trillion and carry the rally into uncharted territory.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/crypto-market-eyes-4-trillion-analyst-says-bull-run-isnt-over-yet/