The TOTAL3 market cap, which excludes Bitcoin and Ethereum, has reached $1.11 trillion, completing a significant cup and handle formation that began in late 2021. This pattern saw a peak above $1.2 trillion, followed by a decline in 2022 and a recovery by mid-2024. Fibonacci extensions suggest potential future targets at $1.48 trillion, $1.77 trillion, and $2.23 trillion. Simultaneously, Ethereum has maintained its $3,520 support level following a wedge breakout, with the next resistance level at $4,100 in focus. This development highlights Ethereum's resilience amid broader market movements.