This is the market cap of TOTAL 3

Weekly chart

For who don't know TOTAL 3 shows the market cap of all the Altcoins and stable coins excluding BTC and ETH

So it mainly shows us the strength that Altcoins are taking despite the market cap of the stable coin (USDT,USDC..)

Later I'll show you a chart where the market cap of the stable coins is excluded.

As you can see since the last low was formed that allowed me to trace the lowest point of the Fibonacci Retracement (level 0 = 463.81 B), the market cap's level respected all the subsequent Fibonacci levels going to react precisely on the 1.414 level thus exceeding 1 trillion market cap.

What I expect now is a return to 0.786 Fibonacci or even 0.618 Fibonacci to then be able to go back to see a recovery of the market cap and then see the Altcoins reach new higher price levels again.

Let's wait to see what happens in the next few weeks