Weekly (1W) Outlook for OTHERSBTC (Crypto Market Cap Excluding Top 10 / BTC).
🔍 General Structure
A long-term broadening triangle/consolidation pattern is visible.
The descending peak trend since the 2021 top has clearly been maintained.
At the same time, movement continues along the very long-term rising support trendline.
The price is currently at the intersection (decision zone) of these two major trendlines.
👉 Such zones typically produce sharp breakouts.
📉 Trend Analysis
Primary trend (since 2021): Bearish
Short-to-medium-term trend: Weak/Sideways
The descending blue trendline has not yet been clearly broken.
The rising lower trendline is being tested.
📌 This situation points to a "last line of defense" zone.
📊 SRSI
The RSI frequently dips into the 20–30 band → Oversold.
However, a strong bullish divergence is not yet very clear.
What this says: A bottom is forming, but confirmation is lacking.
😱 Fear & Greed
Has been negative/neutral for a long time.
No major spikes → Significant appetite for altcoins has not yet arrived.
Such periods are usually: Either the final decline, Or a quiet accumulation phase.
🟢 Scenario: Bullish Breakout
If the descending trendline is broken on a weekly close, OTHERSBTC rises → Altcoin season begins. BTC dominance declines. Particularly: Small/Mid Caps, DeFi – AI – GameFi, would show better performance.
🎯 First Target: Initially the area above the broken trendline, then the 2022–2023 horizontal band.
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Day 27 of posting $CAKE 🥞 until it breaks $44!
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Day 8 of posting $CAKE 🥞until it breaks the ATH of $44!
New month. Same mission. 💪
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