ANALYSIS: The market cap of the torrents could still break out significantly, and a successful rally would confirm that the market is shifting to the ethereum ecosystem

Michaël van de Poppe, founder of MN Trading, said in a post on social media platforms that the market capitalization of the Bitcoin-divided torrents could still break out significantly.

If it rallies to the upside, it will confirm the bullish divergence and the fact that the market is shifting towards the ethereum ecosystem and away from bitcoin.