Recent data suggest that the OTHERS/BTC ratio, a key metric tracking altcoin market capitalization relative to Bitcoin, shows signs of significant market change.
Market Trend Signals for Altcoins
The current OTHERS/BTC ratio stands at 0.13 after a slight daily drop of 0.01 or -0.05%. This signal indicates the strongest and longest bullish divergence in the chart's history. Data points to a potential resurgence for altcoins after enduring a multi-year decline.
Decline and Recovery of OTHERS/BTC
The OTHERS/BTC ratio began its journey in 2020, hovering around -0.40, indicating Bitcoin's dominance over the altcoin market. However, a reversal began in late 2020, with altcoins starting to outperform Bitcoin, leading the ratio to 0.37 by mid-2021. The bullish momentum pushed the ratio to peak at nearly 0.50 by early 2022. Following this, a correction continued until the end of 2023, with the ratio dropping again to -0.30.
Signs of New Bottoming and Possible Reversal
A new bottoming process began between January and May 2025, with the ratio climbing back to 0.13, indicating renewed strength for altcoins. This rebound aligns with historical reversal points, highlighting the cyclical nature of crypto markets. Volume indicators also support this shift as activity increases during the bounce phase. Green areas on the chart identify buying zones, while red areas mark resistance zones.
The analysis of the OTHERS/BTC ratio points to a potential new growth phase for altcoins, which may become a significant event for the overall cryptocurrency market.
