RTY/SPX vs OTHERS/BTCRTY (Russell 2000) - U.S. small-caps
SPX (S\&P 500) - U.S. large-caps
OTHERSBTC represents the ratio of the total market capitalization of all cryptocurrencies excluding the top 10 (commonly smaller-alt or “other” coins) relative to Bitcoin’s market cap.
Right now, RTY/SPX is retesting its yearly rVWAP with a pretty clean bottoming structure. If OTHERSBTC follows the same script, it could retest the 0.18–0.20 zone before one more leg down, and then set up for a move higher
Definitely worth keeping on watch.
