#Others Update #1 – July 23, 2025

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#Others Update #1 – July 23, 2025

The Others chart (crypto market cap excluding top 10) had been following a well-defined ascending channel. However, in recent candles, the price has started slipping below the lower boundary of this channel — a potentially bearish sign for altcoins.

Despite still technically being within the broader impulsive structure, it’s critical for price to reclaim and hold above $316B to maintain bullish momentum.

If the market corrects back to the origin of the impulsive leg, we may see a drop toward $285B, which would likely cause a 10–20% decline in altcoins overall.

The structure is not entirely broken yet, but Others is hovering at a risky edge. If you're holding altcoins, now is the time to be extra cautious.

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