I want to highlight the OTHERS crypto index – which tracks the total market cap of all altcoins excluding the top 10.
Based on my Elliott Wave count, OTHERS has just completed a corrective move down to the 50% Fibonacci retracement (~$260B). From there, we’ve already seen a new higher high being printed on the daily chart – a strong bullish confirmation.
Right now, OTHERS looks to be entering the heart of a major Wave 3, the most powerful part of an Elliott Wave cycle. Historically, Wave 3 tends to deliver the strongest price acceleration.
📈 My target:
Wave 3 could drive OTHERS capitalization toward $420B.
That’s a potential +50% increase from the recent low.
💡 What this means for altcoins:
On average, we could see 50% growth across the altcoin market in the coming weeks.
Naturally, some projects with stronger momentum may rally much more – 100%+ moves are on the table.
⚡ Bottom line:
The bullish structure is intact, Wave 3 is unfolding, and altcoins are showing signs of strength. I remain firmly bullish on altcoins over the next month.
