On the altcoin capitalization chart there is a repetition of the 2014-2017 fractal and the “announcement” of the rally. 

Crypto blogger, trader and crypto blogger Mikybull Crypto (72.2 thousand subscribers) comes to this conclusion by analyzing the TOTAL2 graph of the crypto market capitalization excluding #BTC:

“The next wave of rally is brewing for altcoins.

The capitulation has finally come to an end, according to the 2016 fractal.

The similarity is striking as both fractals showed hidden bullish divergence and a backtest of EMA20 👀"

There is nothing to argue about here; I would like to wish the “diamond hands” on altcoins, finally, success. Deserved successful third and fourth quarters of 2024 and probably three quarters of 2025 🤝.