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Most people are watching altcoins and missing what may be leading the move.
Copper has quietly been signaling major market shifts before.
In 2017, copper topped out months later altcoins ripped.
In 2021, same setup copper peaked first, then altcoin market cap followed the same curve after a lag.
Now copper just printed a fresh all-time high at $6.62, gaining 8.75% this month.
Meanwhile altcoin market cap outside the top 10 is still sitting around $198B, barely reacting.
That gap matters.
Copper tends to move when global expansion picks up AI data centers, energy infrastructure, EV manufacturing, grid upgrades. Real capital starts flowing into hard assets first.
Speculative markets often follow after liquidity spreads.
If this cycle repeats, copper may already be pricing in the next expansion while alts are still asleep.
The move may not have started yet.
The clock might have.