Starting to see some intriguing levels for smaller #altcoins in general:

First chart — Ratio of altcoins (outside top 10) to Bitcoin on a log scale. Why log? Because the channel looks neat. The ratio is now sitting on dynamic support - though it still has the room to go lower if the channel breaks.

Second chart — Mid & #LowCaps vs large caps. We're already seeing a slight bounce from a key trendline.

Most altcoins have been underperforming hard for a while. It's hard to believe it is going to change anytime soom with all the macro uncertainty.

But what if the tide’s about to turn...? 👀