PANews reported on December 29 that according to Cointelegraph, anonymous trader Daan Crypto Trades tweeted that once TOTAL3 (the total market value of all cryptocurrencies except Bitcoin) exceeds the 2021 historical high of 1.13 trillion US dollars and enters the price discovery stage, the market will enter a "frenzy" stage. TOTAL3 is currently 962.78 billion US dollars. It has increased by about 91.45% since January 1. "As long as the price is between 840 billion US dollars and 1.1 trillion US dollars, I think there will be fluctuations."

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