RUSSEL 2000 needs to rise in order for the crypto market to riseEverytime the altcoin market have had a bullrun the Russel 2000 have gone into all time high prior to alt coins popping!
This is one element still missing for altcoins to pop.
80% of the volume stock market is in the top 10 stocks, we need to see a shift from the big companies into smaller stocks and a expansion in the russel 2000
When Russel 2000 are rising, people are willing to risk more in smaller stocks. And a marekt shift from risk off and dividents as we have now to a risk on narrative where people are buying more risky options such as small stocks/crypto havent started yet.
IF we will have a altseason, i promise you that Russel 2000 will make this move before the altcoins starts pumping!
LIKE AND FOLLOW THIS CHART, its crucial to track if you are in crypto