Has the OTHERS Chart Invalidated the Long-Term Altcoin Breakdown?

The OTHERS chart, representing the total altcoin market cap excluding the top 10, has moved back above its neckline area and is approaching $195B after a potential head-and-shoulders pattern. This breakout could suggest the earlier breakdown was a failed move rather than a prolonged altcoin collapse. Several strong recent moves have come from projects outside the top 10.