Technical Analysis Shows Altcoins May Be Poised to Outperform Bitcoin (BTC) and Ether (ETH)

If you have a look at the altcoin’s daily market cap chart, the bottom of the left shoulder, $188.4 billion, was created in June 2022; the low of the head, $173.23 billion, was made at the end of December; and the bottom of the right shoulder at $177.36 billion appeared in June this year, data from TradingView shows.