Othersdominance
Atlseason Is Incoming, But Be Ready To Leave The Market in 2025!Hello, Skyrexians!
In one of our previous articles we mentioned why BTC dominance crash is imminent. Today we consider this analysis using CRYPTOCAP:OTHERS.D chart. This is capitalization of all crypto excluding top-10. We suppose that most of you invest in coins out of top ten ranking for potential bigger gains. Today we have a great news for those who hold such assets.
Let's take a look at the monthly time frame. We can see the clear 5 waves structures. Wave 4 in our opinion has been already finished. Our Bullish/Bearish Reversal Bar Indicator has printed the green dot which is strong bullish signal. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
You can see how this indicator performed in the past: after a red dot printed the massive decrease. Now OTHERS dominance is in wave 5 which has the target 25%. There is going to be the great opportunity to take profit because in 2026 we expect the large correction and most of altos can die.
Best regards,
Skyrexio Team
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Alt season is coming!The symbol "OTHERS.D" refers to the "Crypto Total Market Cap Excluding Top 10 Dominance, %" index. This metric is used to track the performance of the cryptocurrency market, excluding the dominance of the top 10 cryptocurrencies by market capitalization. Essentially, it provides insights into how the rest of the market (i.e., cryptocurrencies beyond the top 10) is performing relative to the overall crypto marke
The Altcoin Index appears to be nearing the completion of a major bearish leg. It has reached a crucial level, and if it revisits the optimized zone, there could be a significant rejection to the downside.
For the medium term, however, this index looks bullish, showing potential for upward movement if it holds above key support levels.
Alt season is coming!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OTHERS Weekly Chart | Testing Critical Resistance
Altcoin Market Excluding Majors ⚡Testing Critical Resistance | OTHERS Weekly Chart
Description:
The **OTHERS** chart, tracking the market cap of smaller altcoins (excluding BTC, ETH, and top majors), is approaching a **key resistance near $330B (0.236 Fib level)**. 🚨 This level has historically rejected price (see red circles 🛑), but rising **volume** and strong momentum 📈 suggest a potential breakout.
Key Observations:
1. **Parabolic SAR (PSR)**: Green dots signal continued bullish momentum, with previous reversals marked by red dots.
2. **Fibonacci Levels**:
- The price has cleared the **0.382 Fib (~$255B)**, which is now acting as support.
- Testing **0.236 Fib (~$330B)** as resistance.
3. **Volume Spike**: Recent volume surges indicate growing interest in smaller altcoins.
4. **Moving Average**: Price is trending above the long-term moving average (pink line), showing a bullish structure.
What to Watch:
- **Bullish Case**: If the price breaks and holds above **$330B**, this could lead to further upside in the altcoin market. 🚀
- **Bearish Case**: A rejection at this level may result in a pullback to support near **$255B**, offering re-entry opportunities.
Takeaway:
Smaller altcoins are gaining traction as they test a critical level. Keep an eye on volume and momentum—could this be the start of an altcoin rally, or is a pullback incoming? Share your thoughts below! 💬
OTHERS.D 50.00% FIB CRITICAL LEVEL **Hello dear altcoin degens, HODL-ers, and traders,**
How are you doing this Saturday? I hope you’re enjoying the weekend in your own unique way!
This is **OTHERS.D**, the index representing the market cap of altcoins outside the top 10. On the weekly time frame, there are several key points of interest that could help us analyze what might happen next. However, as always in trading, nothing should be taken for granted.
**Key Observations**
1. **Higher Lows Trendline:**
- We can clearly see a series of higher lows, starting with the bottom formed during the week of **June 5, 2023**, and another higher low during the week of **October 28, 2024**. This upward trendline is a promising signal for the altcoin market.
2. **The Role of the 21MA (Moving Average):**
- Historically, the 21MA has acted as a reliable support level before price moves higher, as seen between **July 17,2023** and **August 7, 2024** (highlighted with a green circle).
- Currently, the price is trading above this 21MA, which is an encouraging sign.
3. **The Critical 50% Fibonacci Level:**
- The 50% Fib retracement level has historically been significant. The green circle highlights how this level previously served as the launchpad for an upward move.
- At present, the price is trying to break through this level, which is acting as resistance.
**Combining Support Factors**
When we combine the **21MA** and the **50% Fibonacci level**, we get an area of strong support/resistance. For now, the price is attempting to break through this resistance zone.
**What’s Next?**
- If the weekly candle closes **above this critical area**, it’s a bullish signal and great news for those hunting the elusive **altseason**!
- Until then, we wait. The weekly close will provide more clarity, and based on the outcome, we can decide on the next course of action.
**Final Note**
Patience is key in this game. Stay safe, and let’s see how this plays out!
Simple Conditions for Alts to Continue Moving vs BTCVery simple chart and conditions for altcoins to gain or lose dominance vs Bitcoin in the present market:
Others dominance needs to hold above ~9.15% and break and then hold above ~10.5%. Do that and it'll keep gaining dominance towards ~12-13%
Lose 9.15% and fail to reclaim it a 3rd time and alts will continue losing market dominance vs Bitcoin, heading down towards ~7.5-8%
I like to think there is a good chance we at least test the area above 10.5% seeing as we failed to remain below 9.15 after two attempts, the 2nd with a higher low. Failed breakdowns often tend to lead towards breakouts or at least breakout attempts (and vice versa)
That said, we may still yet test 9.15 or below one more time and... if we do, we'd want to see another higher or at least a same low and then a recovery of 9.15 if lost for it to head back up towards 10.5.
Some very roughly drawn possible paths are shown on the chart.
Best of luck!
Don't F@ck up the Banana zone!This is the Others marketcap vs the Bitcoin Market cap chart.
With their respective Banana zones for the past couple cycle and the current one we have already started.
The KEY takeaway is you should be feeling the FOMO and kind already have been deployed into your favourite #Alts
This #altseason may yield one of the worst performances in a cycle --- which I have warned a few times now. And finish sooner than you think.
If you had waited for confirmation of a altcoin breakout and rotated/bough at the sad face this how your returns would have been crippled.
21 X ----> 5.8X 2017
6.4X ----> 3X 2021
3/4X -----> 1.75X/2.3X 2025
Drastically different.
I hope you have found this chart informative. Smash the likes.
Altcoins - Basing in October: Will November Bring the Big Move?It seems we’re still in a basing or rotating cycle. We’re close to a trendy move, regardless of whether it’s bullish or not, as we near the end of this consolidation phase.
October has turned out to be #Flatober instead of #Uptober. That’s alright; the tighter the consolidation, the greater the chance November will make a definitive move in any direction.
I still lean bullish, but this week’s daily price action is a bit worrisome. Crypto appears to be used as a hedge, while equities remain the predominant risk-on asset going into CPI, making new highs as crypto retraces back to last week’s initial levels.
Basing for #October > Moving on to #November.
OTHERS Dominance - Altcoin DominanceThe chart is OTHERS.D. Essentially altcoin dominance in the market and an indicator of altcoin strength in the market.
Price is respecting a HTF uptrend since 2020, tapping into the HTF trend line which kicked off the prior altcoin seasons in the last cycles on each tap. Price is also coming into the HTF monthly demand range with high volume as price mitigates this area. We are also following the HTF bullish orderflow thats been established since 2020. Over the last few months price has capitulated into HTF demand, fulfilling all my targets and we are forming a range in key levels, whilst establishing some bullish orderflow on the daily timeframe from these lows and key levels.
I think based on the range profile on the daily, we are accumulating here in a local accumulation range, supported by high volume nodes on each wick into these levels, with a sweep of the range lows and now establishing bullish orderflow in the daily range from our HTF bullish levels where ive anticipated the HTF bullish reversal to form as covered in my prior forecasts and breakdowns.
I believe this is the start of a reversal setting up on OTHERS.D, from these HTF bullish levels and we should start to see the altcoin market pick up as this drives higher..
My first draws on LQ are at the 10.13% and 10.5% levels of this daily range.
Once price closes above the prior weekly swing high at the 10.5% level, this will confirm a new weekly HH and a shift in trend from the weekly timeframe, which should then follow into the monthly putting in a new HH in line with the HTF trend.
3M:
2M:
1M:
2W:
1W:
1M/1W/1D:
3D:
1D:
Be careful.Deep falls possible before expected bull run.
Don't make decisions with too much excitement.
Don't get carried away by social media.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
Is ALTseason Finally Back?ALTseason actually started already back in 2023, when we got a nice five-wave bullish impulse in the ALTcoin dominance chart with ticker OTHERS.D. It was first leg A of a three-wave A-B-C rally.
We have seen a slow down in the last couple of months along with the whole Crypto market and that's why most of the ALTcoins came lower than Bitcoin, but we can see a corrective (A)-(B)-(C) decline within wave B with the wedge pattern within wave (C) of B that can be coming to an end.
So if we are on the right path, then seems like new ALTseason may not be far away, especially if we consider that Bitcoin and the whole Crypto market are still bullish. However, to even think about the next ALTseason, we have to see ALTcoin dominance back above 10.55%, which is first bullish evidence for a higher degree wave C.
Why we maybe about to see ALTS revived....A Surprising structure
This is the OTHERS.DOMINANCE chart on \ MONTHLY scale.
Altcoins Dominance — Index Chart - TradingView
Crypto Total Market Cap Excluding Top 10 Dominance, %. OTHERS.D Crypto Market Capitalization. OTHERS.D
I have marked the Bitcoin Halvings and ATH also as a marker and we have a number of very interesting things to note.
Lets start at the beginning.
ALTS first came into being in 2011 with Namrecoin and Litecoin. This is how we manage to have the OTHERS.D before Ethereum was created in 2015. Many think ETH was first, it was not.
We shold pay attention to the Gashed horizontal line going across the chart. PA rose above this in early 2017 and has remained above it ever since. In fact, this line has acted as support 3 times previously and is currently acting as support to the PA Right now.
This cold lead to the ALT recovery we need right now.
BUT, also take note of the day Spans of A - B and Aa - Bb
Span A is from the BTC ATH to the next Low on the OTHERS.D PA, From that Low, see how it rose Through the BTC HALVING ( dotted yellow line) - This is span B.
See how it Dropped down to the line of support and then Rose and created an ALT Season
Now Look at Span Aa from the Nov 2021 BTC ATH. We have a VERY similar day count to when OTHERS.D returned to the line of sippport, where it once again, bounced up and begins the Span of Bb.
But this time, when BTC Halving came in, OTHERS.D PA has Dropped sharply, earlier than last time. This is very likely to be because of BTC.D and the Long Term Holding, Buying of Bitcoin for ETF's and the Sentiment.
So the real question now, is will OTHERS.D PA Bounce as previously or will support fail
And for that, we have to wait and see.
It is worth noting that ALTS is a massive market and while the Dominance maybe falling, we can still see some ALTS like Solana Race to the top with 1000% Gains.
This chart is a Long Term Gauge of where the marklet goes and it should also be nothed that Bitcoin has reached ATH while this PA also rises.
A disappointing #Altcoin season? Maybe! OTHERS.d/BTC.dMaking gains in #Crypto has gotten harder and harder with each passing cycle for the vast majority of participants.
That is an unquestionable truth that I see and hear from people.
#Bitcoin itself is in it's 4th Hype cycle... which is bearish
2013 Mt Gox ponzi cycle top/collapse
2017 Eth/ICO craze, CME futures. CNBC XRP shill top.
2021 Uniswap/DEFI innovation , Elon doge /Coinbase IPO top.
2024/5 Memecoins craze --- topping signals are already appearing Andrew Tate / Iggy Azalea at NYSE. A Trump Election Win could be the final nail in the coffin whilst ppl celebrate the news and January 2025 Inauguration may seal crypto's fate.
The left translated 4 year cycle is a definite possibility as made popular by #BobLoukas
We know that retail investors are rejecting High valued VC backed projects and rather take high risk gambles on #Memecoins for a chance to be early... this is not bullish behaviour obviously!
As only a tiny percentage of people can win at that game and often it is not YOU!
Once that speculative capital & energy is rinsed many people will be left holding a worthless bag of tokens.
#Leverage trading destroys many people's lives
And a digital store of value whilst has obviously it's merits is unlikely to flip #Gold in marketcap imho
It cannot compete with a 5000 year history of storing wealth for generation to generation.
I can bury Gold coins in my garden and dig them up in 50 years knowing full well that they will have value.
Would you do that with a trezor? Lol.
So what do we do ... try to take advantage of the next 6 months and rotate S coin profits into
#Stablecoins and maybe a small allocation to #PAXG #XAUT (buyer beware on those gold backed #RWA coins obviously)
This should buy you enough time, to let you assess the fallout of any top that may occur this Christmas/new year.
Remember many people and especially the Bitcoin community will be partying and celebrating the 15 year journey of a $100k plus BTC.
You must avoid being sucked into that hype and cash in a good chunk of your crypto portfolio IMO
This is just a scenario I give to you ... and not a prediction ofc.
We are trying to predict the future irrational behaviour of humans, an almost impossible task. But as the wall St cheat sheet demonstrates speculative bubbles, generally do repeat often enough for us to try and capture profits from them.
So we watch and wait, place our bets and see where the chips may fall, one foot in and one foot out is my general kind of viewpoint of how most people should be thinking at this stage of the cycle.
Altseason - are you seeing this?Others dominance may be wrapping up a right shoulder on he weekly. The right shoulder may take longer than the indicator has drawn, however so I've drawn my own next to it in white.
As confluence for this, the larger pattern began taking shape after a smaller one formed within its head.
The smaller inverted HS is already confirmed and is presently re-testing its neckline, pullbacks below failing so far. Its targets are 16% and then just slightly over 19% and just below ATH, should it hold after another test or pullback.
Targets for both:
The smaller HSi would confirm the larger one by reaching its TP 1 at 16%, and then holding above ~13.5% or so.
TP 1 as measured for the larger HSi on the non-log chart is 19.7%, or slightly above ATH.
Its logarithmic measured TP 1 is above ATH around 24.15%
Conclusion:
Altcoins may regain its prior ATH in market dominance, somewhere around 19.5%, and could approach 24-25%
POO Coins are up 1.5X vs #BTC since June. HOW HIGH CAN THEY GO?This chart is of the market cap of #Altcoins divided by the marketcap of #Bitcoin.
If this ratio is going UP
Sh@tcoins (to give them their colloqiual name)
are out performing the #1 #Crypto asset.
("there is NO 2nd best.. " M. Saylor)
Risk ON.
Aka Silly season.
If this ratio is going down.
Then S coins are underperforming BTC
Bear market... S coins getting wiped out.
.... Got it?
Good.
Throwing on a Fib extension
(please draw your own chart... I am not a Fibonnaci expert by any means)
We can speculate how high,
and how much they will outperform.
and the magnitude of gains left on the table
Take Your pick of the extension level.
Or retracement Level if you are a Bitcoin Maxi, and don't believe a new ATH will be made in this ratio...
Good Luck in your speculations.