$OTHERS altcoin index just broke out on the weekly timeframe 👀
This tracks the aggregate performance of altcoins outside the top 10 — basically the broader alt market. A weekly breakout here suggests we're seeing legitimate momentum building across smaller caps, not just the usual $BTC/$ETH dominance play.
Historically, when $OTHERS pushes through resistance on higher timeframes, it tends to precede extended alt seasons. The last major weekly breakout in early 2021 kicked off a 3-month run where mid and small caps significantly outperformed majors.
Worth watching if this holds above breakout levels through next week's close. If it does, capital rotation into alts could accelerate.
This tracks the aggregate performance of altcoins outside the top 10 — basically the broader alt market. A weekly breakout here suggests we're seeing legitimate momentum building across smaller caps, not just the usual $BTC/$ETH dominance play.
Historically, when $OTHERS pushes through resistance on higher timeframes, it tends to precede extended alt seasons. The last major weekly breakout in early 2021 kicked off a 3-month run where mid and small caps significantly outperformed majors.
Worth watching if this holds above breakout levels through next week's close. If it does, capital rotation into alts could accelerate.
