One of the many ways to analyze the crypto market is to compare the performance of its segments. For the sake of simplicity, leading, large-cap ecosystems like Bitcoin (BTC) and Ethereum (ETH) can be seen as a single segment of the market whose movements can be significantly different from the rest of the market.
Meanwhile, the rest of the market can be defined as “altcoins” because their performance has historically shown a lower correlation to BTC and ETH.
Out of the many tools available to analyze these segments, the alts signal stands out as a leading one. Developed as an oscillator, similar to traditional tools like the RSI, the alts signal offers a granular view by comparing the market cap of all cryptocurrencies, excluding BTC and ETH, to the total crypto market cap.
As it moves within a range of 0 to 1, the signal provides insight into the relative performance of altcoins against the broader market, serving as a barometer for their strengths or weaknesses.
The signal’s ut
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