A technical opinion shared by crypto analyst Cryptollica pushes back against the belief that the altcoin era is over. This idea is based on the idea that the current situation may be less about decline and preparation.
The Ten-Year Building is in the Rotation Area
Bitcoin and other major cryptocurrencies they dominate the market’s attentionand many traders they shut down altcoins like a lost cause. Extended slow operation, vanishing arguments, and months of side action have led to the belief that the altcoin era is over.
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Taking to social media platform X, crypto analyst Cryptollica pointed out the OTHERS/BTC ratio, which tracks the total crypto market capitalization outside of the top ten assets compared to Bitcoin.
According to to the analyst, this rate is now sitting right at the support of a trend that has held for nearly a decade. It is interesting that the long-term chart shared by the analyst shows a repeated historical interaction with this ascending channel, where the previous touch of the lower border led to a large circulation in altcoins.
At the time of writing, the OTHERS/BTC ratio has been under pressure for the past few months without a clear sign of a direction break. Altcoin Dominance has been falling below a bearish range, approaching the bottom of the trendline while volatility continues to dry up.
However, instead of interpreting the current pressure as weakness, the analyst noted that the price respects the ten-year geometric structure without breaking. Cryptollica described this setting not as a graveyard but as an exchange rather than a graveyard. Therefore, traders who declare that altcoins are dead are reacting with fatigue, not structure. The market i behave like a full spring and energy conservation.
Momentum Indicators Are Quietly Investigating Altcoins
A separate analysis of the OTHERS/BTC ratio shows that the boxes may already be marking the bottom of the altcoin season. Crypto analyst Ash Crypto he noted that in a month The MACD on the OTHERS/BTC chart has just delivered two consecutive green closes for the first time in four years.
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Not only that, but the Others/BTC MACD bullish cross is now confirmed. History shows that this type of signal often accompanies the early stages of an altcoin recovery, especially when it appears after a long period of underperformance.
Ash Crypto also pointed to the ISM index moving back above the 50% level as another bullish sign for altcoins. This ISM retracement of more than 50% is noteworthy because this macro indicator has repeatedly accompanied the improvement in the conditions of altcoins in previous cycles.
Confirming momentum in OTHERS/BTC and holding more than a decade of support reinforces the case that the altcoin’s current lull may be less about weakness and more about priority. in the incoming altcoin season.
Featured image from Pixabay, chart from Tradingview.com
