yes its the rule by thumb when bitcoin consolidates, altcoins start running up,
ada and neo especially started the last strong altrun a few weeks ago, other altcoins followed afterwards, so im keeping track of them.
Sometimes many altcoins at the same time form strong bull or bear consolidation positions, so it makes swing trade decisions easier, if you are not certain, about one trade you wanna do
For example maybe i wanna trade LSKBTC as an example, but if my major altcoins have bear signals, ill most likely wont do the LSKBTC trade, since leading altcoins are losing momentum, LSK would follow (with a big probability, there is always the off chance that it wont follow ofc)