#ETHRally Altcoins at the start of the "big movement" phase — Ethereum has signaled a capital overflow

📈 Analyst Kevin Svenson believes that the OTHERS index (altcoins outside the top 10 and without stablecoins) is ready for a strong rise after Ethereum settled above $4,000. This confirmed its role as infrastructure for DeFi and stablecoins, which account for more than 50% of ETH's market capitalization.

📊 Svenson's forecast: the market capitalization of altcoins to grow to $550 billion in the next phase and to $1 trillion by the end of the cycle under favorable conditions. Currently, the OTHERS indicator is $304.9 billion.

💡 The shift of liquidity into riskier assets is a classic sign of the late stage of a bull cycle when investors seek maximum returns. If ETH maintains its position and continues to grow, the alt season could fully unfold. However, if Ethereum pulls back, the impact on low-cap tokens will be particularly painful.