ChainCatcher message, according to Cointelegraph, anonymous trader Daan Crypto Trades tweeted that once TOTAL3 (the total market capitalization of all cryptocurrencies excluding Bitcoin) exceeds the historical high of $1.13 trillion in January 2021 and enters the price discovery phase, the market will enter a 'frenzy' phase. TOTAL3 is currently $962.78 billion. Since January 1, it has grown by approximately 91.45%. 'As long as the price is between $840 billion and $1.1 trillion, I believe there will be volatility.'