Looking at the total market cap, excluding Bitcoin, alt coins can be seen approaching the end of a wedge.
My guess though is the Alts are about to take off and very soon.
This same chart, on the weekly shows a very compressed wedge.
Various alt coins are at their geometric and mathematical lows, primed for a breakout.
Breakout could be either before the close of this weekly candle or the next.
Good luck to all!