Crypto Total Market Cap Excluding Top 10 Dominance, %CRYPTOCAP
Description
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'Others.d' indicates the dominance of altcoins outside the high caps. If this is currently a bear trap and the bottom trend line is re-taken then expect a bounce towards the top trend line. Irregardless of what happens after that top trend line is hit; this would mean that short/medium term the smaller market cap coins are in for a bullish few months!
Remember - look for this bottom line to be re-captured in the next few weeks!
Comment
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Since posting, others.d has reclaimed the trendline and re-tested it as support!