This chart is screaming to me that altcoins are about to go on a run, with 1% being the key level right now. We’re currently sitting at 0.98 and once we reclaim 1% the spark should kick in.

My minimum target after that breakout would be 1.37–1.40 within a 2–3 week window. The second and more ambitious target for this summer rally would be back up to the high range at 1.90–2.00.
Be aware that we’re also approaching a major macro bearish trendline that started from the previous breakdown at 8%. That’s my main macro target for the years ahead since we’re going to grind higher slowly and build into the altcoin market cap.
In the meantime, some winners are about to pop off — projects that will reshape the future and remain relevant for the rest of your life. At the same time, many will die along the way because not all altcoins will survive until the end.
This deviation below the main range here is likely a generational bottom for this index and we will probably never see it under 1% again, so make sure to own quality.