Total lost a critical level of support

This first part of the year was a good one for Crypto bulls with Total rising around 70% from the bottom to the top.
However, after the mid-April top, Crypto Total Market Cap has started to drop, and what, at first, looked like a normal correction is looking more and more like a reversal to the main bearish trend at this moment.
In favor of this outlook is the fact that yesterday Total lost an important level of support at 1.05-1.06 and this would suggest, at least technically, that this year's rise is no more than a correction, not a reversal.
At this moment, as said, the market is under 1.05-1.06 support which should provide resistance now and we could expect continuation to the downside in the next weeks.
In conclusion, I'm looking to sell rallies on major coins