The Crypto Total Market Cap (excluding the Top 10 coins) broke above the 1D MA200 (orange trend-line) and is consolidating on an overbought 1D RSI (>70.00).
Since October 2023 when this set of conditions emerge, the long-term Channel Up starts a rally (technically its Bullish Leg). This is what in the crypto world is known as 'Altseason',which is when the lower cap coins see enormous gains relative to the top 10.
The last Bullish Leg (2024) rose by +200%. The previous one, even more. If it 'just' repeats the +200% Leg, we are looking at a market cap of $525 Billion.
The time to invest in alts is now!
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