According to analyst Kevin Svenson, altcoins may be on the cusp of a major run. He’s adamant that if and when this happens, specific conditions need to be fulfilled first. ‘This is the year that altcoins will blast off again,’ Svenson has prophesied. This would only occur if bitcoin and some other asset class bubble go to record highs. In a recent strategy session streamed on YouTube, Svenson shared his arcane analysis, which could be drawing a scary parallel to recent market history.
Kevin Svenson is a young creator who has been following the OTHERS chart very closely. This chart illustrates the total crypto market capitalization, without the top 10 digital assets and stablecoins. Currently, OTHERS is trading at $233.72 billion. Svenson’s analysis is specifically meant to provide a comparison to the price action of others in 2024. From an overall perspective, that period involved a corrective phase followed by a stunning rally near the year’s end.
Svenson pointed out that on a run-up-alike basis, the OTHERS chart jumped 140%! This increase came as Bitcoin and the S&P 500 both at the same time crossed into new all-time highs. Svenson is optimistic that a similar pattern could unfold once more if these conditions are recreated. The analyst discusses the issues in-depth with his 83,300 YouTube subscribers. He further stressed that in order for a major altcoin breakout to occur, both Bitcoin and the S&P 500 need to touch new highs.
DailyHodl has previously reported on Kevin Svenson’s predictions, focusing on the four conditions he laid out for the altcoin rally to materialize. A chart image of OTHERS is available at https://dailyhodl.com/wp-content/uploads/2025/06/svensonothers.png, providing a visual representation of the market capitalization trends Svenson is observing. DailyHodl published an alert image at https://dailyhodl.com/wp-content/uploads/2018/06/Get-Alerts-728x90.png.
