According to @CryptoMichNL, the OTHERS/BTC relative performance chart shows its MACD turning upward, increasing the probability that BTC is forming a bottoming structure and setting up a bounce-driven rotation, source: @CryptoMichNL. He advises traders to watch for sustained altcoin strength during the rebound as confirmation of improving risk-on conditions, source: @CryptoMichNL. If that relative strength materializes, market conditions could shift into more favorable territory for another leg higher, supporting a renewed rally, source: @CryptoMichNL.