{"id":161086,"date":"2025-06-27T14:00:53","date_gmt":"2025-06-27T11:00:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161086"},"modified":"2025-06-26T18:11:58","modified_gmt":"2025-06-26T15:11:58","slug":"altcoin-market-may-be-on-the-verge-of-major-rally-analyst-suggests","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/altcoin-market-may-be-on-the-verge-of-major-rally-analyst-suggests\/","title":{"rendered":"Altcoin Market May Be on the Verge of Major Rally, Analyst Suggests"},"content":{"rendered":"<p>In his latest market <strong><a href=\"https:\/\/youtu.be\/-MsVRzIMvEU\" target=\"_blank\" rel=\"nofollow\">analysis<\/a><\/strong>, Kevin Svenson directed attention to the \u201cOTHERS\u201d chart\u2014a lesser-known metric that tracks the total market capitalization of all cryptocurrencies outside the top 10 and excluding stablecoins. Traders often use this chart to assess momentum across low- and mid-cap altcoins, and Svenson believes its current structure could be hinting at a repeat of a previous breakout pattern.<\/p>\n<p>Looking at historical behavior, the OTHERS chart underwent a period of decline in 2024 before staging a sharp recovery. According to Svenson\u2019s analysis, the current market structure bears a strong resemblance to that setup, suggesting a similar parabolic rise might be on the horizon.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/nasdaq-firm-makes-first-crypto-move-with-bittensor-acquisition\/\" title=\"Nasdaq Firm Makes First Crypto Move With Bittensor Acquisition\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/Bittensor-TAO-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Nasdaq Firm Makes First Crypto Move With Bittensor Acquisition<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The previous surge, he notes, was largely driven by a synchronized breakout in both Bitcoin and the S&amp;P 500, which helped ignite a flood of capital into smaller-cap tokens. Bitcoin has recently achieved a new all-time high, but the S&amp;P 500 has yet to follow. If both break out together, Svenson believes it would recreate the perfect conditions for a powerful altcoin rally\u2014potentially pushing the combined valuation of the altcoin segment to around $570 billion.<\/p>\n<p>For now, the analyst is watching closely to see whether traditional markets align with crypto. If they do, he anticipates a strong upward move in the altcoin space, similar to the surge seen late last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A well-followed crypto analyst known for his accurate Bitcoin predictions is now turning his focus to the broader altcoin sector, signaling that a significant move could be brewing beneath the surface.<\/p>\n","protected":false},"author":3,"featured_media":78514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,71],"class_list":["post-161086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Altcoin Market May Be on the Verge of Major Rally, 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