Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T By Cointelegraph

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The total crypto market capitalization soared by 29.4% in two weeks, although ‘s (BTC) price stabilized near $21,000 on Jan. 19.

As a result, it became increasingly difficult to justify that the 5-month-long bearish trend still prevails after the $930 billion total crypto channel top has been breached. Still, the psychological $1 trillion resistance remains strong.

Total crypto market cap in USD, 2-day. Source: TradingView
Weekly winners and losers among the top 80 coins. Source: Nomics
Perpetual futures accumulated 7-day funding rate on Jan. 19. Source: Coinglass
BTC options volume put-to-call ratio. Source: laevitas.ch