Total marketcap from DeFi projects are higher than what they should be too as price of DeFi tokens are valued higher than their intrinsic value. Their price will be pulled back, corrected to very lower price. Even bitcoin won't rise more than $42,000, its dominance will also have chance to rise higher. If DeFi tokens all fall down a lot in next months.
Bitcoin dominance is now falling from the critical support and therefore we are seeing this massive pump in the alts. We have a mini bull run here where all the alts will pump until we see big movement in bitcoin either in upwards direction or downward direction.