Altcoins at Critical Resistance: OTHERS.D Signals More Downside Ahead

Altcoins at Critical Resistance: OTHERS.D Signals More Downside Ahead

The Crypto Total Market Cap Excluding Top 10 (OTHERS.D) is currently testing a key resistance zone around 7.88%, and the overall structure remains technically weak. Price continues to move inside a well-defined descending channel that has been in place since the 2022 peak, printing consistent lower highs and lower lows.

As long as OTHERS.D respects this channel, the probability favors further downside. A rejection at 7.88% would reinforce bearish continuation, with the next major support area sitting near 6.60%. A clean break below that level could accelerate the move downward and confirm broader weakness across the altcoin market.

In my previous Bitcoin analysis, I discussed the possibility of a short-term breakout attempt. You can read it here:
👉 https://steemit.com/bitcoin/@shelling/bitcoin-eyes-breakout-next-stop-78k-1772484856390

However, even if Bitcoin pushes higher in the short term, the macro structure across alts suggests that we may just be at the beginning of a larger bear phase. If Bitcoin eventually rolls over, altcoins are likely to decline even more aggressively.

For now, the trend remains bearish. Until OTHERS.D breaks out of the channel and reclaims higher levels, the bias stays to the downside.
https://imgur.com/VdL32wd