The trend was for the largest cap coins to move first, then the medium cap coins, followed eventually by the smaller cap coins.
Yep. That's how it's happened before. I recently outlined the 2017 experience showing just that, and I don't see any reason why it won't happen again, with the not so small exception of the sh*tcoins, which I'm not so confident about, and there are literally hundreds of those.
RE: A Bitcoin Consolidation would be the best thing for Altcoins!