As you can see, in the first few months after Copper bottomed in March 2020, Others D continued to trend lower and only found its bottom in December 2020.
We are seeing a very similar situation now. Copper has been moving higher for the last 5 months, while Others D has continued to dump.
If history rhymes, Others D should be close to a bottom here. Over the next 3–5 months, Copper should continue to lead, while Others D starts rising aggressively.
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#COPPER vs Others #Altcoins Dominance
As you can see, in the first few months after Copper bottomed in March 2020, Others D continued to trend lower and only found its bottom in December 2020.
We are seeing a very similar situation now. Copper has been moving higher for the last 5 months, while Others D has continued to dump.
If history rhymes, Others D should be close to a bottom here. Over the next 3–5 months, Copper should continue to lead, while Others D starts rising aggressively.