#bnb reached a new peak.
As long as it stays above the level of 601 on the 4-hour chart, the rise may continue.
A wedge pattern has started to form only during the rise. If another wave of increase comes, it could reach the 900s, which corresponds to the upper edge of the wedge. This level will serve as resistance. A pullback may occur. If the 601 level is broken downwards, the decline will deepen.
The positive outlook is being maintained for now. Since the wedge has formed in the daily chart, it may take some time to reach the levels I mentioned. When it approaches the upper edge of the wedge

When we examine the market cap of altcoins excluding BTC, we can see what we have experienced in altcoins. While BTC is seeing new peaks, Total2 has not seen a new peak since 2021.
Currently trying to reach the peak, it hasn't approached the peak like this since 2021. Those holding altcoins have, of course, turned into a stone of patience in the meantime.
A break of the resistance in the 1.6-1.7T range could result in an increase of approximately 2X. However, this value is the general average value.
If it is rejected from the resistance at the top, there may be another pullback.
If there is no

#let me talk about a possibility I saw in the hourly for btc.
If it closes hourly below 117683, there is a possibility of forming a harmonic bat pattern.
Formation reversal zone: 116194-116222
Stop:115736 six-hour closing
Targets: 116194
119192
120078
Return confirmations must be sought in the return area.