Total 3 chart—This is an indicator measuring the total market capitalization of all altcoins excluding BTC and ETH—currently showing a strong rebound trend.

From a technical perspective, the price has broken through weeks of resistance lines and is moving toward the key support and resistance zone around 95 billion USD. What does this breakout signal mean? In the short term, we may see continued upward momentum in the altcoin market. The effective breakout of the multi-week trend line usually indicates stronger buying power entering the market, especially after a period of market structure consolidation and the emergence of impulse moves.

If the total market cap continues this upward momentum and breaks through the 950B threshold, the heat of the altcoin season could further intensify. However, traders should still pay attention to the reaction within this zone—whether it can hold steady will determine the subsequent direction.