Altcoins have been under sustained pressure for months as the broader crypto market continues to grapple with a prolonged bear phase that began after the 2021 bull cycle. While Bitcoin has managed to preserve a portion of its macro uptrend, most alternative cryptocurrencies have struggled to regain momentum, with many still trading far below their previous cycle highs. This persistent weakness reflects declining liquidity, fading investor appetite for speculative assets, and an increasing concentration of capital in Bitcoin. Related Reading: The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor According to a recent CryptoQuant report, understanding the condition of altcoins has become just as important as tracking Bitcoin’s price movements when evaluating the overall health of the crypto market. One indicator that provides insight into this dynamic is the “Altcoins Near ATL” metric, which measures the percentage of altcoins currently trading close to their all-time low levels. In this framework, altcoins refer to all cryptocurrencies excluding Bitcoin, Ethereum, and stablecoins. The chart, developed by CryptoQuant Verified Author Darkfost, highlights the scale of the current market stress. Data shows that approximately 38% of altcoins are trading near their historical lows. In practical terms, nearly four out of ten altcoins are hovering close to their weakest price levels since launch. Such readings typically emerge during periods of extreme market stress, when risk appetite deteriorates and investors rotate capital toward larger, more established assets. Extreme ATL Readings Reflect Stress Across the Altcoin Market The report explains that elevated readings in the “Altcoins Near ATL” metric typically emerge during periods of intense market stress. When a large percentage of altcoins trade close to their all-time lows, it signals that many assets are locked in prolonged downtrends and that investor sentiment toward higher-risk cryptocurrencies has deteriorated significantly. A major factor behind this dynamic is the concentration of capital in Bitcoin. Institutional inflows—particularly through spot Bitcoin ETFs—have increasingly drawn liquidity toward BTC, leaving many smaller tokens struggling to attract fresh demand. As more capital flows into Bitcoin, the relative share of investment directed toward altcoins shrinks. Related Reading: Post-Crash Purge: XRP’s 60% Valuation Reset Meets a Record Low in Exchange Liquidity At the same time, the number of cryptocurrencies available in the market has expanded rapidly in recent years. This growing supply of tokens intensifies competition for capital, meaning that liquidity is spread across a larger universe of assets. As a result, many projects fail to secure sustained investor interest, increasing the likelihood of prolonged price declines. Macroeconomic conditions also contribute to this environment. Higher interest rates and tighter liquidity conditions tend to reduce risk appetite across financial markets. Under such circumstances, investors typically rotate toward larger and more established assets while speculative tokens face stronger selling pressure. Historically, however, extreme ATL readings have sometimes appeared near the later stages of market cycles, when selling pressure is already largely absorbed. Altcoins Struggle To Hold Key Support The weekly chart of the total cryptocurrency market capitalization excluding the top 10 assets highlights the prolonged weakness across the broader altcoin sector. Currently sitting near $170 billion, this segment of the market remains significantly below the peaks recorded during previous cycles, reflecting the sustained underperformance of smaller cryptocurrencies. After reaching highs near $450 billion in early 2022, the altcoin market experienced a steep decline during the broader bear market that followed the collapse of several major crypto firms and tightening global liquidity. Although the sector staged a recovery throughout 2024 and early 2025—briefly pushing market capitalization back toward the $400 billion region—momentum faded again in late 2025, leading to the current downturn. Related Reading: The $73,000 Test: Crowded Shorts And Negative Funding Fueled Bitcoin’s 15% Recovery Technically, the market cap is now trading below the 50-week and 100-week moving averages, both of which are sloping downward and acting as resistance levels. The 200-week moving average sits near the $200 billion region, forming a critical structural level that altcoins have recently lost. This breakdown reinforces the broader bearish structure that has persisted across much of the sector. From a structural perspective, the chart continues to display a pattern of lower highs and declining momentum. Unless the market can reclaim the $200–$220 billion region, altcoins may remain trapped in a prolonged consolidation phase while liquidity continues to concentrate in larger assets such as Bitcoin. Featured image from ChatGPT, chart from TradingView.com
Altcoins have endured a prolonged structural decline since the peak of the 2021 bull cycle. While Bitcoin has managed to preserve portions of its macro uptrend, most alternative tokens have printed persistent lower highs and lower lows across multiple timeframes. For many projects, what began as a cyclical correction has evolved into a multi-year erosion of capital, liquidity, and investor confidence. Related Reading: Bloodbath Or Buy-Zone? Bitcoin’s $66K Stagnation Hits The 25% Loss Threshold Historically Tied To Market Bottoms Recent data shared by analyst Darkfost underscores the severity of the situation: approximately 38% of altcoins are now trading near their all-time lows. This figure exceeds the stress levels observed in the immediate aftermath of the FTX collapse, highlighting that the current weakness is not merely episodic but systemic. The broader macro environment remains hostile to speculative positioning. Liquidity conditions are fragile, and capital allocation appears increasingly selective. Instead of rotating into higher-beta crypto assets, flows are gravitating toward equities and commodities, where volatility and narrative clarity are currently stronger. In such an environment, altcoins — which depend heavily on surplus liquidity and risk appetite — tend to suffer disproportionately. Altcoins at Cycle Lows as Structural Regression Peaks Darkfost highlights that the “percentage of altcoins near ATL” metric provides a direct measure of structural stress across the broader crypto market. At current levels, roughly 38% of altcoins are trading near their historical lows — marking the most severe regression observed during this cycle. This is not a localized correction in a handful of weak tokens; it reflects a widespread contraction in valuations across the altcoin spectrum. For context, the metric previously peaked around 35% in April 2025 and reached approximately 37.8% in the immediate aftermath of the FTX collapse. The fact that the present reading exceeds both of those periods underscores how persistent the pressure has become. Despite intermittent rebounds, capital rotation into altcoins has failed to materialize in a sustained manner. The chart effectively captures the prevailing sentiment: investors remain defensive, liquidity is selective, and speculative appetite is subdued. In such phases, altcoins — typically higher-beta instruments — are disproportionately affected. Yet historically, extreme deterioration has often preceded inflection points. When positioning becomes overly compressed and expectations are deeply pessimistic, asymmetry begins to develop. While timing remains uncertain, structurally depressed conditions are also the environments in which longer-term opportunities tend to emerge. Related Reading: The $650M Wave: Why XRP’s Record Inflow To Binance Signals A Massive Institutional Retreat Altcoin Market Cap Pressures Key Weekly Support as Breadth Weakens The weekly chart of the total crypto market cap excluding the top 10 assets highlights the structural fragility of the broader altcoin segment. Currently hovering near $169 billion, the index has retraced significantly from its 2025 highs and is now pressing into a historically sensitive demand zone. Technically, price has fallen below the 50-week (blue) and 100-week (green) moving averages, both of which have begun to roll over. This alignment signals a loss of medium-term momentum. The 200-week moving average (red), positioned slightly above current levels, is now acting as dynamic resistance rather than support — a notable shift compared to the recovery phase seen in 2023 and early 2024. Related Reading: The Distribution Trap: Why Bitcoin’s Reserve Growth Proves Sellers Still Hold The Tape The structure resembles a lower-high formation following the 2025 peak, suggesting distribution rather than accumulation. Volume expanded during major selloffs, particularly on large red weekly candles, indicating forced exits and liquidity stress rather than orderly consolidation. From a cyclical perspective, the $160–$170 billion region represents a key inflection area. A sustained break below this zone would open the path toward the $130–$140 billion range, revisiting 2023 support levels. Conversely, a weekly reclaim of the 200-week average would be required to signal structural stabilization. Featured image from ChatGPT, chart from TradingView.com
Recent market dynamics have seen Ethereum (ETH) at the forefront of a significant decline in the altcoin sector, pushing many top cryptocurrencies below crucial price levels. Market expert CyrilXBT has taken to social media platform X (formerly Twitter) to unravel the factors contributing to this downturn and explore the potential for a recovery rally in 2026. Altcoin Struggles CyrilXBT began his analysis by addressing the role of Bitcoin (BTC) dominance in the market. When Bitcoin’s dominance increases, capital tends to concentrate within the asset rather than exiting the broader cryptocurrency market. Related Reading: Expert Predicts Bitcoin Could Hit $70,000, Drawing Parallels To December 2021 Crash This indicates that Bitcoin becomes a refuge for investors seeking safety, while altcoins transform into sources of liquidity. As a result, risk compresses prior to any expansion, a pattern consistently observed in previous cycles before altcoins regain strength. Another contributing factor to the current turmoil is tax-loss harvesting. Cryptocurrencies are one of the few major asset classes that have seen declines compared to January 1st, with equities and gold demonstrating gains. To lock in losses before year-end, funds are actively selling off unprofitable altcoin positions, crypto exchange-traded funds (ETFs), and other high-risk assets. CyrilXBT noted that this pressure would likely dissipate as the calendar turns to the new year. Liquidity Lag And Exhausted Demand The expert further highlighted that liquidity tends to work on a lagging basis. Although the Federal Reserve (Fed) has started to inject liquidity back into the system, markets typically do not react immediately. Historically, improvements in liquidity occur first, followed by Bitcoin stabilizing, with altcoins lagging behind. Currently, the market remains in the lag phase, not yet experiencing the anticipated breakout. With low volatility, stagnant Bitcoin prices, and declining altcoins, CyrilXBT asserts that it evokes memories of previous cycles, such as the early 2019 and early 2023 recoveries. Related Reading: Ethereum Bearish Structure Meets Bullish Supply Signal – What Happens Next Overall, the drop in the altcoin market can be attributed to several interconnected factors: rising Bitcoin dominance, peak tax-loss selling, thin liquidity, exhausted demand, and the delayed effects of macro liquidity. Instead of a capitulation scenario, the expert suggests that this moment appears to represent compression—a phase that frequently precedes significant recoveries. Featured image from DALL-E, chart from TradingView.com
Bitcoin’s recent movement has left many traders waiting for signs of an altcoin season, and a post shared by crypto analyst Crypto Nova offers a different way to understand when this will actually begin. The explanation, supported by charts from 2017 and 2021, shows that altcoins have historically performed their best while Bitcoin’s price action was already climbing, not after it had reached its peak. The charts she shared show how those earlier cycles unfolded and why the timing of Bitcoin’s surge has been the important factor each time. Altseasons Form During Bitcoin’s Strongest Surges This outlook goes against the projection of many crypto analysts, who have been waiting for a downturn in the Bitcoin dominance characterized by outflows from Bitcoin and into the altcoin market. Related Reading: Altcoins Struggle, But Technical Analysis Says A Major Opportunity Is Forming However, careful technical analysis shows that the largest and most explosive altcoin seasons did not occur after Bitcoin had completed its run. Instead, they developed while Bitcoin was already pushing to new price highs. The 2017 cycle illustrated this the most clearly. Bitcoin dominance began to decline during an altcoin season, even as BTC surged from around $1,000 to nearly $20,000. The chart shows a waterfall-like collapse in dominance from 95% in early 2017 to below 40% in early 2018, happening at the exact moment when Bitcoin was rising massively. Altcoins were already outperforming the leading cryptocurrency long before Bitcoin topped just below $20,000. A similar pattern played out in 2021. Bitcoin dominance peaked in January of that year and started falling while the Bitcoin price climbed from roughly $30,000 to its mid-cycle high above $60,000. Although altcoins took a little longer to increase compared to 2017, the bulk of their performance still arrived during Bitcoin’s rapid upward trajectory, not after it had stalled or reversed. The charts below highlight this synchronicity clearly: dominance moves lower while Bitcoin candles continue to stretch higher. Bitcoin Needs A Confirmed Bottom And A New Surge Nova noted that traders are making a mistake by focusing solely on Bitcoin dominance without considering Bitcoin’s broader market structure. It is important to note that dominance does not drop simply because Bitcoin moves sideways or reaches a peak. Related Reading: Altcoin Season: Here’s What Happens If The Bitcoin Price Sees A Parabolic Move To $200,000 Instead, dominance mostly declines when Bitcoin is in a strong, sustained uptrend, but the altcoin niche is witnessing more inflows compared to the leading cryptocurrency. This means an altcoin season is unlikely to start until Bitcoin prints a confirmed bottom and its rally convinces inflows into altcoins. As noted by the analyst, Bitcoin is currently in a downtrend, and without a shift in trend, dominance metrics alone cannot trigger altcoin momentum. This viewpoint challenges the frequent claims circulating online that altseason is here or just about to begin. As it stands, the crypto industry is still logged into a Bitcoin season, with the CMC altcoin season index sitting at 19 and the CMC Bitcoin dominance at 58.7%. Featured image from Adobe Stock, chart from Tradingview.com
The native token of the crypto exchange WhiteBIT (WBT) is leading the mid-week altcoin market after a significant 20% surge over the past 24 hours. This performance follows the announcement of a key partnership with Durrah AlFodah Holding to promote the growth of blockchain technology in Saudi Arabia. Related Reading: Solana Reclaims $140 As Second Wave Of SOL ETFs Debut – Is A Rebound Coming? WhiteBIT Secures Strategic Collab In Saudi Arabia On Tuesday, top crypto exchange WhiteBIT unveiled it had signed a strategic cooperation agreement with Durrah AlFodah Holding, represented by His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud, aiming to drive the Kingdom’s development in blockchain technology, digital finance, and data infrastructure. According to the announcement, the partnership aligns with the strategic pillars of the Kingdom of Saudi Arabia Vision 2030 program, which seeks to foster economic diversification, technological innovation, and digital transformation across the Kingdom’s public and private sectors. Therefore, it will set the foundation for key projects within the Kingdom, including stock market tokenization, Central Bank Digital Currency (CBDC) guidance, and the creation of national data computing and mining centers. Under the agreement, WhiteBIT will provide technological expertise and infrastructure design, while Durrah AlFodah will facilitate the crypto exchange’s market entry, regulatory engagement, and partnership development across Saudi Arabia. The move follows the exchange’s expansion to multiple jurisdictions, including Australia, Croatia, Italy, and Kazakhstan, as well as its recent dual entry into the Argentine and Brazilian markets, after key regulatory advancements in the two largest countries in South America. The collaboration reportedly envisions the creation of a joint venture company between WhiteBIT and Durrah AlFodah to manage and scale its national-scale initiatives. Volodymyr Nosov, Founder and President of W Group, the global fintech ecosystem that includes WhiteBIT, affirmed: It is an honor to work alongside the Holding of His Royal Highness Prince Naif Bin Abdullah Bin Saud to build the foundations of Saudi Arabia’s digital transformation. Together, we aim to establish secure and sovereign blockchain systems that will shape the Kingdom’s technological future. WBT Leads Mid-Week Altcoin Market Following the news, WhiteBIT’s WBT token jumped from the $51 level to a new all-time high (ATH) of $62.96 before stabilizing between the $60-$61 area. This performance builds on the remarkable WBT’s price action during the recent market volatility, which has seen many leading cryptocurrencies reach multi-month lows. Notably, the altcoin rallied to new highs in late June and consolidated within its $40-$47 range during the broader market rally between July and October. However, as the market entered a corrective phase in early November, WBT went against the current and broke out of its local range, hitting a new ATH at the time. Related Reading: Analyst Shares Worst-Case Scenario For Bitcoin (BTC) As Price Shows Concerning Signs Since then, the altcoin traded between the $50-$55 area, retesting the local range lows on Tuesday morning before the latest breakout to its new ATH. According to CoinGecko data, this performance crowns WBT as one of the leading cryptocurrencies in the past 24 hours, alongside Zcash (ZEC) and Starknet (STRK). Moreover, the altcoin, which ranks 13th among all cryptocurrencies by market capitalization, is currently the only token with double-digit gains among the top 20 cryptocurrencies. As of this writing, WBT is trading at $60.62, a 9.8% increase for the altcoin in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Altcoins have not quite recovered from the significant downturn that hit the financial markets a week ago. Most large-cap cryptocurrency assets, including Bitcoin, are either revisiting their low from the previous week or struggling to mount any real pressure from their current position. For instance, the largest altcoin by market cap, Ethereum, after briefly returning to above $4,200 earlier this week, is back to its level in the aftermath of the October 10th bloodbath. According to the latest on-chain data, it appears that investors are increasingly losing confidence in the long-term promise of the altcoins. Are Altcoins In For A Deeper Correction? In a new post on X, CryptoQuant’s Head of Research, Julio Moreno, revealed that altcoins are making their way in large volumes to centralized exchanges. This fresh trend reflects a less optimistic shift in investor sentiment after a particularly positive start to the month of October. Related Reading: BNB Active Addresses Hit Record 3.6 Million – Analyst Explains Network Growth The relevant indicator here is the Exchange Inflow Transaction Count, which measures the number of transactions involving the deposit of a cryptocurrency (altcoins, in this context) into a centralized exchange. This metric can be used to assess investor sentiment at every given moment in the market. A significant rise in the Exchange Inflow Transaction is typically considered a bearish signal, as it suggests that investors are moving their assets to centralized exchanges to sell. Ultimately, this trend could mean imminent selling pressure for the cryptocurrency (or group of digital assets, as in this case). Moreno revealed in his post on X that the number of transactions sending altcoins onto trading platforms has reached a new high in 2025. As observed in the chart below, the world’s largest cryptocurrency exchange by trading volume, Binance, has been responsible for the majority of the cryptocurrencies flowing into these centralized platforms. While the market already seems to be undergoing a significant correction, a continuous flow of assets into exchanges could mean an extended period of downward movement for the altcoins. However, the peak of this metric could also be significant, as it could signal the bottom and potential reversal of the altcoin market. Altcoin Market Cap Falls To $1.45 Trillion According to the latest data, the cryptocurrency market (excluding Bitcoin) is valued at around $1.45 trillion, reflecting an over 1% drop in the past 24 hours. What’s more worrying is the market’s record in the past week, as the altcoins have lost nearly 13% of their value over the last seven days. Related Reading: Solana Meme Economy: The Culture That Drives Billions In Volume – Here’s How Featured image from Shutterstock, chart from TradingView
The Dogecoin price is about to complete a Golden Cross pattern, a technical event that often signals the start of a super bullish run. A crypto analyst argues that the real test lies at $0.33, a resistance level that could determine whether DOGE begins its next major rally and extends its momentum into the broader altcoin market. Golden Cross Forms On Dogecoin Price Chart Crypto analyst Cas Abbe recently highlighted in an X social media post Dogecoin’s bullish momentum, noting that the meme coin is about to complete another Golden Cross. In technical terms, a Golden Cross signals the potential start of an extended bullish cycle. Related Reading: Dogecoin Price Skirts Potential Demand Zone, What Happens If It Hits Right? Cas Abbe emphasized the significance of this chart setup, pointing out that every time Dogecoin rallies, the broader altcoin market tends to follow suit. According to him, if DOGE manages to break decisively above key resistance levels, it could trigger a massive bullish surge, marking the beginning of a strong altcoin season. The analyst’s chart illustrates Dogecoin’s upward trajectory, with the price steadily climbing after bouncing from support levels around $0.21. His projection shows the meme coin advancing toward the upper resistance channel, where $0.33 sits as the key battleground. Cas Abbe predicts that a breakout beyond this threshold would push the Dogecoin price to $0.37, representing a roughly 60% surge from current levels around $0.23. Adding to the bullish narrative, crypto analyst Trader Tardigrade also shared his perspective on Dogecoin’s Golden Cross formation. He focused on the 12-hour chart, where the MACD indicator flashes the bullish chart signal. According to him, the histogram has already turned green, a clear sign of rising buying pressure. Additionally, Trader Tardigrade’s analysis suggests that bulls are beginning to take control of the market, with his chart predicting a potential surge toward the $0.32 – $0.33 zone. Expert Says Dogecoin To Reach $1 Next A crypto market expert identified as ‘Solid’ on X has drawn attention to a broader structure forming on Dogecoin’s weekly chart. His analysis reveals a broad consolidation area that could serve as the foundation for a parabolic rally. Based on this technical formation, Solid has forecasted that a golden bull run is imminent—one that could propel the DOGE price to the $1 milestone in the long term. This would reflect a massive price increase of approximately 334%. Related Reading: Analyst Forecasts Dogecoin Price To See Face-Melting Rally: The Bullish Pattern That Suggests New Highs In the chart, Dogecoin’s current price action started as part of a larger consolidation phase that began after the 2021 peak. Now with bullish momentum starting to resurface after months of suppression, Solid’s analysis suggests that a strong upward breakout is becoming increasingly likely. The curved trajectory drawn on his chart envisions the meme coin riding steadily through 2025, ultimately accelerating past previous resistance levels and entering uncharted territory around $1 by 2026. Featured image from iStock, chart from Tradingview.com
Prominent market analyst Egrag Crypto is predicting an altseason of substantial magnitude following recent developments on the Bitcoin Dominance (BTC.D) chart. This latest technical commentary adds to the continuous list of speculations on the time and fashion of a rather peculiar and highly anticipated altseason. Related Reading: Crypto Founder Predicts Ethereum Price To Touch $20,000 As Fed’s Powell Turns Dovish Here Comes The Mother Of All Altseasons – Analyst The nature of any potential altseason in the present market cycle has been a consistent debate over the past few months. While some analysts initially hinted at zero possibility of an altcoin market run, citing their increased volume over the past four years, others resisted this notion, rather pushing an idea of selective coin performances based on community, market capitalization, and utility. In Egrag Crypto’s viewpoint, the incoming altcoin rally may present a parabolic price rally with colossal returns for investors, based on events on the BTC.D weekly charts. For perspective, the altseason is a period in the crypto bull run during which altcoins generally record a greater price performance than Bitcoin. It is typically indicated by a decline in Bitcoin Dominance, i.e, market share in the crypto market. According to Egrag Crypto, the BTC.D has recently closed below the 21-week Exponential Moving Average (EMA), a level that has historically preceded steep declines in dominance. Specifically, Bitcoin dominance has fallen by 47.86%, 42%, and 42.17% in the last three separate instances of this event. On average, these breakdowns led to a drop of roughly 43.34%. If history repeats, Bitcoin dominance could decline to around 35%. Interestingly, the market expert also notes that this target also coincides with the lower boundary of a linear regression channel on a logarithmic scale, reinforcing the technical outlook. Therefore, this setup indicates that altcoins could exceedingly outperform in what Egrag Crypto describes as “The Mother of All Altseasons”. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Altcoins Set To Soar In other developments, a fellow market analyst with the username Titan of Crypto is tipping the altseason to soon commence after recent price movement on the Ethereum-to-Bitcoin (ETH/BTC) monthly chart. After a prolonged downtrend, ETH/BTC has broken above its resistance trendline, marking a potential shift in market momentum. Historically, ETH/BTC breakouts have often preceded strong altcoin rallies, as Ethereum’s relative strength against Bitcoin usually encourages capital rotation into the broader altcoin market. With this breakout confirmed, the long-anticipated altseason could finally be unfolding. At press time, the total altcoin market is valued at $1.64 trillion, representing 41.6% of the total crypto market cap. Featured image from Getty Images, chart from Tradingview
Crypto analyst TradingShot has revealed that the Dogecoin price has entered a bullish pattern, which could spark a parabolic rally to $1.5. Interestingly, the analyst also raised the possibility of the foremost meme coin reaching double digits. Dogecoin Price Eyes $1.5 With Bullish Livermore Cylinder Pattern In a TradingView post, TradingShot revealed that the Dogecoin price is inside a Livermore’s Cylinder, which suggests that the meme coin could soon rally to as high as $1.5. The analyst noted that DOGE has been trading within a bullish megaphone for the majority of its Bull Cycle since the October 9, 2023, low. Related Reading: Dogecoin Breaks Out Of 4-Year Bearish Streak With 65% Rally In line with this, TradingShot declared that this may technically have been so far one massive accumulation phase along with the rest of the altcoin market. This is where the Livermore Accumulation Cylinder comes in, as it draws comparisons with the Megaphone pattern. Based on this Livermore model, the analyst stated that the Dogecoin price is starting the aggressive breakout phase above the Cylinder. With the accumulation technically over, TradingShot predicts that the Dogecoin price may pursue levels 8 and 9, which give price targets of $1.50 and $12, respectively. These price levels will mark new all-time highs (ATH) for DOGE, with its current ATH at around $0.73. The analyst’s accompanying chart showed that the meme coin could reach this $1.5 target between now and year-end. Meanwhile, the Dogecoin price could reach $12 by July next year. In line with this, TradingShot admitted that the $12 target is not expected to happen in this current Bull Cycle, which he predicts would end in the next six months or thereabout. However, he added that the $1.50 target is well within reach in this cycle and exactly double the price of the previous cycle high. Therefore, the analyst declared that this target is a “very attractive top candidate.” Bullish Engulfing Candle About To Form For DOGE In an X post, crypto analyst Trader Tardigrade stated that the DOGE monthly candle will close in just one week and that a Bullish Engulfing Candle is likely to be established. In line with this, he declared that a big moment is coming for the Dogecoin price. His accompanying chart showed that the meme coin could reach as high as $7.5 on this run. Related Reading: Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst In another analysis, he declared that a rally to $1 is incoming for the Dogecoin price, echoing TradingShot’s prediction. His accompanying chart showed that the foremost meme coin could reach this psychological level between now and September. At the time of writing, the Dogecoin price is trading at around $0.22, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Ethereum’s recent price trajectory has caught the attention of traders and analysts, as the asset extends its bullish rally well into today. With the price currently hovering around $3,420, Ethereum has registered a daily gain of 7.7% and a weekly surge of more than 23%. The momentum follows a decisive breakout above the $3,000 level earlier this week, sparking renewed optimism across the derivatives and spot markets. The latest insights from the on-chain analytics platform CryptoQuant provide context for Ethereum’s price action, suggesting that activity on Binance is a major catalyst. Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst Ethereum Short Liquidations Shift Market Dynamics CryptoQuant contributor Darkfost notes that the recent uptick coincides with a structural shift in the derivatives market, particularly around short liquidations. A deeper analysis of exchange flows and taker behavior further supports the case for sustained upward movement, with indicators suggesting that Ethereum may be positioning itself to revisit previous highs. According to Darkfost, Ethereum’s current rally follows a prolonged five-month correction phase that began in December 2024. During this period, the market experienced a flush of long positions, especially on Binance, contributing to what he describes as a necessary “cleanup” in the derivatives space. This recalibration helped reset speculative positioning and laid the groundwork for the recovery observed since late April. Now, the pattern has reversed. “Short liquidations are now dominating on Binance,” Darkfost observed, emphasizing how forced exits of bearish positions are reinforcing Ethereum’s upward price momentum. Liquidation data shows multiple short squeezes in recent weeks, with volumes reaching $32 million and $35 million, respectively. This trend suggests that many traders are positioned counter to the prevailing market movement, adding fuel to the rally as they’re forced to close out positions. Darkfost also highlighted that, if this pace of short liquidations continues, Ethereum may be poised to test its all-time high. He added that ongoing inflows into spot Ethereum ETFs and increasing adoption by institutions viewing ETH as a long-term asset could further support this potential breakout. Taker Volume on Binance Hints at Bullish Continuation In a separate post, CryptoQuant analyst Crazzyblockk pointed to taker-side activity on Binance as another critical signal. The ETH Taker Buy/Sell Ratio (7-day moving average) recently crossed the 1.00 threshold, signaling stronger buy-side pressure from market participants. This shift was accompanied by a spike in price volatility, which reached 261.5, mirroring Ethereum’s latest price surge beyond $3,434. Related Reading: Ethereum Price Breaks Out: Smashes $3,400 Mark in Bullish Run Crazzyblockk noted that this pattern, rising buy-side taker volume aligned with surging volatility, has historically preceded extended price rallies. The divergence between taker long and short volumes further underlines dominant bullish sentiment. The analyst emphasized that tracking taker momentum on Binance may offer early signals for future market direction, as the Ethereum price appears highly responsive to activity on the platform. Featured image created with DALL-E, Chart from TradingView
As geopolitical tensions in the Middle East continue to impact cryptocurrency prices, with Bitcoin (BTC) recently dipping below the $105,000 mark, market analyst VirtualBacon has shared insights suggesting that altcoins are gearing up for a potentially robust summer. Emerging AI Memecoins In a recent update on social media platform X (formerly Twitter), he highlighted several promising developments within the altcoin space. VirtualBacon pointed to an emerging wave of AI-focused Layer-1 blockchain projects, many backed by prominent figures in both the cryptocurrency and traditional finance sectors. He mentioned several names to watch, including Sahara Labs, Sentient AGI, and Gaianet, among others. While these projects have yet to release tokens, many are expected to conduct airdrops or early access rounds, presenting opportunities for early investors. Related Reading: On-Chain Analyst Warns: Bitcoin Peak Expected, Altcoins Facing -95% Plunge For those seeking “higher-risk, high-reward investments,” VirtualBacon noted the impressive performance of artificial intelligence (AI) agent memecoins. He cited the launch of IRIS, which skyrocketed from a $220,000 fully diluted valuation (FDV) to $120 million, representing a 600x return. Platforms such as Virtuals, CreatorBid, and SeedifyFund are turning user engagement into allocation opportunities, likening this phenomenon to a form of airdrop farming on steroids. In addition, VirtualBacon highlighted a relatively overlooked area: Bittensor subnet tokens. He mentioned that seasoned investors can now acquire early-stage subnets directly on Bittensor’s chain, with projects like SN65_TPN and inference_labs raising capital through token auctions at valuations below $4 million. Stablecoins Take Center Stage Turning to real-world assets (RWAs), VirtualBacon advised focusing on mid-cap infrastructure projects with tangible revenue streams. He pointed to CHEX and CPOOL, which has shown consistent upward movement, as examples of promising investments. Another emerging narrative is the merger and acquisition activity involving public companies and crypto projects. VirtualBacon noted that Tron is set to go public through a Nasdaq reverse merger, while Mixie has been acquired by Netcapital, which boasts a team that includes notable figures like Tim Draper and a co-founder of Helium. A particularly intriguing development is World Liberty Financial (WLF), co-founded by Eric and Donald Jr. Trump, which aims to become a major player in the decentralized finance (DeFi) space. With plans for its own stablecoin, USD1, and expected to launch in October, the token could have an estimated FDV of $10–15 billion, a conservative projection given its potential. VirtualBacon also pointed out that stablecoins are becoming central to macroeconomic strategies. Tether now ranks as the fifth-largest holder of US Treasuries, highlighting the increasing need for buyers in the market. The analyst urged investors to keep an eye on stablecoin projects that integrate artificial intelligence technology and yield generation, such as USD1, Circle’s USDC, and others. Liquidity Shifts To Altcoin Platforms In the gaming sector, liquidity is coalescing around BlackholeDex, a decentralized exchange (DEX) backed by the AVAX Foundation. With a fee-sharing model similar to Aerodrome and Shadow, BlackholeDex has launched veNFT staking, aligning long-term incentives for users. Related Reading: Ethereum Slows Down In June: Historical Data Says More Losses To Come Lastly, in the Solana ecosystem, Saros DLMM is emerging as a strong competitor to existing platforms like Jupiter and Meteora, utilizing similar bucket-based liquidity pools but with lower fees. It also plans a RADY meme airdrop for SAROS stakers, which could attract early adopters and fuel rapid growth, thus closing the list of highlighted altcoins. As of this writing, Ethereum, the market’s leading altcoin, is trading at $2,521. It has consolidated above this level after dropping sharply from its two-week high of $2,878. Featured image from DALL-E, chart from TradingView.com
Tron (TRX) has experienced positive price action recently, aligning with the upward trend seen across the broader cryptocurrency market. In the past 24 hours, TRX climbed approximately 3.9%, reaching a trading value of $0.294. Despite these recent gains, Tron remains significantly below its all-time high of $0.43, set in December 2024, representing roughly a 31.8% decrease from that peak. This upward trajectory coincides with notable stablecoin activity on the Tron network, particularly involving Tether’s USDT token. Recently, a substantial minting event involving USDT occurred, signaling increased liquidity and potential market demand. Related Reading: TRON Surges Past 8 Million Daily Transactions as TRX Holds Above $0.27 Significant USDT Minting Event on Tron Amr Taha, an analyst from CryptoQuant’s QuickTake Platform, highlighted a significant event occurring on the Tron blockchain involving Tether’s stablecoin, USDT. According to Taha’s report titled “Tether Treasury mints $1 billion USDT on TRON prior to Bitcoin reaching $110,000,” the Tether Treasury recently issued 1 billion new USDT tokens on the Tron blockchain on June 9, 2025. This mint represents the largest single issuance of USDT on Tron for the month so far, emphasizing the network’s increasing relevance for stablecoin transactions. Taha noted that two primary factors likely drove this sizable minting event. First, it points toward elevated market demand for stablecoins, particularly within Tron’s ecosystem, known for low transaction fees and high-speed transfers. Second, the minting could signal significant institutional activity or preparations for substantial over-the-counter (OTC) crypto trades. Historically, such minting events tend to precede increased trading activity as investors leverage newly injected liquidity into the markets. The introduction of additional stablecoin liquidity typically boosts overall cryptocurrency market conditions, potentially providing support during periods when traditional financial markets are less robust. Divergent Trends: Rising TRX Price and Declining TVL Meanwhile, separate on-chain analysis by CryptoQuant contributor Joao Wedson noted a sharp decrease of nearly $2 billion in the total value locked (TVL) within lending protocols on Tron. This recent drop in TVL contrasts notably with the rising price of TRX, marking a divergence that raises intriguing questions for investors. Wedson pointed out that historically, reduced TVL in lending platforms on Tron has correlated with upward price movements for TRX, as previously observed in early 2024. Related Reading: Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control? However, the current scenario, where TRX’s value continues to climb despite significant reductions in lending protocol engagement, may hint at underlying shifts in investor strategies or possible structural changes within the network’s financial ecosystem. Featured image created with dALL-E, Chart from TradingView
TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity. An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake platform by contributor Darkfost, daily transaction volume on the TRON network has crossed the 8 million mark, a notable increase from earlier this year. This growth in network transactions is considered a critical indicator of underlying demand and user engagement, which could influence market sentiment around the asset. Related Reading: TRON Activity Hits All-Time High, Is a TRX Price Breakout Coming? Transaction Volume and Address Activity Show Strong Network Engagement Darkfost noted that TRON’s monthly average for daily transactions has seen consistent growth, with recent data showing a roughly 2 million increase in average daily transactions since February. The network is now processing over 8 million transactions per day, marking a more than 30% rise over the past four months. Importantly, a large share of these transactions is occurring outside centralized exchanges, pointing to the growing utility of the blockchain for peer-to-peer transfers and decentralized application (dApp) usage. This shift away from centralized platforms may reflect increased interest in TRON’s native ecosystem services and its competitive yield offerings. As more users interact directly with the network, transaction-based liquidity grows, which can contribute to stronger economic activity across the TRON protocol. Darkfost emphasized that this trend of non-exchange transactions is a positive signal for the blockchain’s real-world usage and investor adoption. TRON Active Address Metrics Reach New Highs In a separate update, CryptoQuant analyst Cryptoonchain highlighted that both the 50-day and 100-day moving averages for active addresses on the TRON network have hit their highest levels to date. This sustained rise in active wallet participation suggests a growing user base that is consistently interacting with the blockchain. While TRX’s price has not fully kept pace with the uptick in address activity, historical trends suggest that increased user engagement often precedes upward price movement. Related Reading: Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control? The correlation between active address growth and price performance continues to be an area of interest. With momentum building across multiple on-chain indicators, there is a likelihood that TRON may be positioned for further gains if current trends hold. Analysis of Daily Active Addresses and TRX Price on Tron Network – All-Time Highs in Moving Averages “Historically, changes in active address trends tend to precede major price movements.” – By @CryptoOnchain pic.twitter.com/7QXqP6g1Gh — CryptoQuant.com (@cryptoquant_com) June 4, 2025 Featured image created with DALL-E, Chart from TradingView
TRON (TRX) has been gaining upward momentum alongside the broader cryptocurrency market, reflecting strong price performance in recent weeks. The crypto asset has climbed over 10% in the past month, with its current price at $0.2748, reflecting a modest 0.7% increase in the past 24 hours. While not grabbing headlines with dramatic surges, TRX’s steady growth aligns closely with the broader bullish cycle led by Bitcoin (BTC), suggesting that it may benefit from macro-level investor sentiment. A recent analysis by Carmelo Alemán, a contributor to CryptoQuant’s QuickTake platform, highlights the increasing relevance of TRON in this market phase. Related Reading: Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure Bitcoin Correlation Fuels Investor Optimism Alemán’s report, titled “The Crypto Elite Grows with Bitcoin and Why TRX Holds a Special Place,” explores how assets that demonstrate high correlation with Bitcoin, such as TRX, tend to mirror BTC’s market movements. This statistical connection, typically measured through correlation coefficients like Pearson’s, means that Bitcoin’s gains or retracements often influence similar movements in tokens like TRON. According to Alemán, the ongoing Bitcoin bull market, expected by some to last through Q4 2025, sets a favorable context for assets with strong historical correlation to BTC. Tokens, including TRX, SUI, ADA, XLM, HBAR, and Litecoin, are often observed to track Bitcoin’s behavior, rising during rallies and pulling back during corrections. For many investors, these assets present attractive opportunities given their lower market capitalizations compared to Bitcoin, making them capable of delivering larger percentage gains during bullish conditions. The analyst said: In practical terms, Bitcoin is unlikely to grow more than 2x from its current price, whereas highly correlated tokens could triple, quadruple, or more, simply because their smaller market caps make such expansions more feasible. In particular, Alemán draws attention to TRON’s upward momentum and growing network activity, especially in Asia. Notably, TRON recently surpassed Ethereum in the volume of USDT (Tether) issued on its network, signaling a shift in real-world utility and adoption. Alemán wrote: This is no small development: it reflects a restructuring in real network usage, and suggests that Tron could multiply significantly in value in the coming months, as it continues to move in tandem with Bitcoin’s trend. TRON Long-Term Growth Potential Beyond price action, Alemán also underscores TRON’s position in strategic portfolio planning. Because of its correlation with Bitcoin and its smaller relative size, TRON offers potential leverage to BTC’s market cycles. For long-term holders and tactical traders alike, this dynamic presents opportunities for outperformance during phases of sustained Bitcoin growth. Related Reading: TRON Accumulation Phase Detected—Major Price Surge Coming Alemán concludes by advising market participants to remain attentive to on-chain indicators and inter-asset relationships, emphasizing that informed decisions based on correlation dynamics could enhance portfolio returns during this cycle. Featured image created with DALL-E, Chart from TradingView
Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs of sustained strength or renewed volatility. Despite this short-term rise, ETH remains approximately 63% below its all-time high of $4,878 reached in 2021, highlighting the broader downturn that has characterized the Ethereum market since late 2021. Related Reading: Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming? Ethereum Derivative Exchange Inflows Point to Potential Volatility Recent on-chain data and exchange flows suggest Ethereum’s price trajectory may be influenced by broader macro factors and strategic trading behavior. Among the latest observations is a notable surge in ETH sent to derivative exchanges, a metric often linked to increased speculative activity or changes in trader positioning. This trend, coupled with key political developments in the US, has raised new questions about what might be next for Ethereum and the wider crypto market. According to an analysis by Amr Taha, a contributor on CryptoQuant’s QuickTake platform, Ethereum has recorded unusually large inflows to derivative exchanges in the past 48 hours, with one spike exceeding 80,000 ETH. Historically, such inflows are seen ahead of periods of increased volatility, as traders shift assets to leverage positions or hedge against expected price movements. While not a definitive predictor of direction, this behavior suggests rising expectations of short-term market activity. Taha’s analysis notes that the inflow coincided with a recent political statement from US President Donald Trump, who confirmed he has no intention of removing Federal Reserve Chair Jerome Powell. This announcement was interpreted by markets as a signal that the Fed will continue to operate independently, easing concerns about political interference in monetary policy. Taha notes that given how closely crypto markets respond to central bank tone and economic indicators, this development added a layer of macro stability to a market already reacting to technical signals. BTC Whale Activity and Derivatives Data Suggest Tactical Shifts While Ethereum-specific data remains the primary focus, Taha also highlighted key movements in Bitcoin markets that may have indirect effects on ETH. On April 23, over $600 million worth of BTC was transferred from whale wallets to exchanges, marking the largest single-day BTC inflow in several weeks. This came after a breakout in the BTC/GBP pair, which triggered significant short liquidations. According to Taha, the large BTC transfer may reflect a setup where late long entries could face downside risk if selling pressure intensifies. For Ethereum, this backdrop raises the possibility of a short-term retracement, especially if correlated selling occurs across major digital assets. Related Reading: Ethereum Flashes Bullish Golden Cross – Is A Major Rally On The Horizon? A buildup of long positions sitting just below current price levels, paired with newly added exchange supply, introduces liquidity zones that the market may test. As a result, both BTC and ETH could see increased volatility in the near term, driven by stop-loss hunts or profit-taking activity. Featured image created with DALL-E, Chart from TradingView
Ethereum has mirrored Bitcoin’s recent recovery trend, posting a near 10% gain over the past week. The asset had previously experienced a sharp correction, but its latest rally saw prices climb toward the $1,600 mark. However, the momentum has shown signs of slowing in the past 24 hours, with ETH slipping by around 4% to trade at $1,574 as of the time of writing. This decline comes amid renewed global macroeconomic uncertainty and shifting on-chain activity that may influence short-term market dynamics. Related Reading: On The Brink: Ethereum Challenges Descending Channel, Targets $3,000 Price Historical Patterns and External Macro Impact One of the most recent signals comes from an uptick in Ethereum inflows to derivative exchanges. According to Amr Taha, a contributor to the CryptoQuant QuickTake platform, more than 77,000 ETH were transferred to derivative exchanges on April 16—the largest single-day inflow in both March and April. This spike follows similar inflow events on March 26 and April 3, both of which preceded notable price declines for Ethereum. These inflows suggest a possible rise in hedging activity or short positioning by traders preparing for additional volatility. Taha’s analysis emphasizes that these inflows are not occurring in isolation. On-chain behavior reveals a pattern of significant ETH movements to derivatives markets followed by price drops. On March 26, an inflow of approximately 65,000 ETH was followed by a sharp decline in price. A similar scenario played out on April 3, leading to further weakness. The April 16 inflow of 77,000 ETH now raises questions about whether Ethereum may be facing another pullback, especially as it hovers near multi-month lows. This market behavior is also being influenced by geopolitical tensions. Recent trade actions from China—which include retaliatory tariffs on US agricultural and technological goods—have contributed to a broader risk-off sentiment in financial markets. Taha notes that such macroeconomic shifts often trigger outflows from volatile assets like cryptocurrencies, as investors seek safer alternatives such as U.S. Treasuries or fiat currencies. Institutional Strategy and Short-Term Outlook The consistency of these large-scale inflows to derivatives platforms points toward institutional or large-holder strategies, where ETH is likely being moved to hedge portfolios or open short positions. While this doesn’t necessarily confirm a downward trend, it does reflect heightened caution among more experienced market participants. The link between macro factors and on-chain behavior highlights how external shocks can influence market sentiment and trading patterns. Related Reading: Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In? Although Ethereum has shown signs of price recovery, the recent spike in derivatives activity and rising geopolitical tension add complexity to its short-term outlook. Overall, it is considerable to monitor on-chain flows closely, alongside global economic indicators, to better understand where ETH might head next. Continued pressure in derivatives markets could act as a signal of sustained market uncertainty, even as some signs of accumulation emerge. Featured image created with DALL-E, Chart from TradingView
Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory. Since slipping below the $3,000 level, the asset has largely ranged downward and has now breached the $2,000 support zone, signaling weakening demand and sentiment. While Bitcoin and other major digital assets still managed to see some recovery efforts in recent weeks, Ethereum’s price decline has been accompanied by decreasing network activity and weakening on-chain fundamentals. This divergence has raised concerns over ETH’s short-term outlook and prompted a fresh analysis of the underlying causes driving the asset’s performance. Related Reading: Whales Dump 760,000 Ethereum in Two Weeks — Is More Selling Ahead? Fee Decline and Network Inactivity Fuel Inflationary Pressures CryptoQuant analyst EgyHash recently published a report highlighting key on-chain metrics that suggest Ethereum’s current market weakness is closely tied to its declining fee economy and user activity. According to the report titled: “Why Ethereum Is Bleeding Value: Fee Crash Meets Hyperinflation Hellscape.” Ethereum’s network is experiencing its lowest levels of activity since 2020. Daily active addresses have declined steadily since early 2025, and average transaction fees have dropped to record lows. This reduction in activity has led to a sharp fall in Ethereum’s burn rate, a metric crucial in offsetting inflationary pressures following the network’s transition to proof-of-stake. Related Reading: Ethereum Price Approaches Resistance—Will It Smash Through? The Dencun upgrade, which was expected to enhance network efficiency, has coincided with an extended period of low transaction volumes, further reducing fee income and contributing to higher net ETH issuance. EgyHash concludes that the confluence of weak network engagement, reduced burn rate, and high token inflation is central to Ethereum’s declining valuation. Why Ethereum Is Bleeding Value “Ethereum’s recent underperformance can be largely attributed to diminished network activity, as evidenced by declining active addresses and reduced transaction fees.” – By @EgyHashX pic.twitter.com/fgQJYCrOIn — CryptoQuant.com (@cryptoquant_com) April 3, 2025 Ethereum Technical Outlook Signals Potential Support Despite on-chain headwinds, some technical analysts maintain a cautiously optimistic view. Trader Courage, a technical analyst on X, noted that Ethereum is currently testing a major support zone and could rebound toward the upper resistance of its current trading range. $ETH / #ETH 1H chart ???? Back at the green support line. Looks like we could be heading towards the top of the range. Key levels are on the chart.#Ethereum pic.twitter.com/rRX8b3b6nW — Trader Courage ???? (@CryptoCourage1) April 3, 2025 Another market analyst, CryptoElite, shared a long-term ascending trendline that ETH has respected historically. Based on this trend, the analyst believes ETH could still have the potential to rally to $10,000 later in the year, provided broader market conditions improve. Featured image created with DALL-E, Chart from TradingView
A new technical analysis suggests that the crypto market, which includes altcoins like Ethereum (ETH) and Dogecoin (DOGE), is about to experience a major altcoin season that could last 217 days. If critical support levels are maintained, the analyst suggests that we may finally see the long-anticipated altcoin season. Ethereum And Dogecoin To See An Altcoin Season Soon Sporia, a TradingView crypto analyst, has shared a detailed technical analysis of the altcoin market. The analysis highlights key indicators within the Total2 chart, which represents the total crypto market cap excluding Bitcoin. The market expert emphasizes the importance of holding a critical support level, noting that the highly anticipated altcoin season could finally begin if this zone is maintained. Related Reading: Crypto Pundit Says Ethereum Price Is ‘Destined’ To Reach $10,000 This Cycle, Here’s Why Notably, top cryptocurrencies like Ethereum and Dogecoin could benefit from this market shift into an altcoin season. The analyst also noted that current market conditions coincide with Fibonacci time sequences, which may signal an inflection point for altcoin prices. Sporia shared a price chart, describing it as his secret weapon in determining bottom signals for altcoins. Since 2022, the chart has indicated a significant bottom each time the market encountered resistance at a crucial point. As of this week, the chart has recorded a bottom, marking the fourth hit around the critical resistance zone. The analyst has expressed excitement about this trend, solidifying his confidence in a strong altcoin season. He further underscores that the alignment of events, including key support line formations during the week of the Fibonacci time sequences, indicates the heightened possibility of a major market shift. While tracking Fibonacci-based time cycles, Sporia revealed that the first two hits did not trigger any major events, but the third hit at the 2.618 level led to a significant pivot. Currently, this fourth hit at the 3.618 level coincides with the August 2024 altcoin crash, which mirrored the COVID crash in the last cycle. This suggests a 50% accuracy rate for the current Fibonacci sequence, making it an ideal target to watch for a potential bottom and pivot. Altcoin Market Bull Rally To Last Only 217 Days Diving further into his analysis, Sporia predicts that the altcoin market could rally for 217 days, peaking by October 13, 2025, roughly 20 to 30 days after Bitcoin reaches its projected cycle top. He argues that, historically, Bitcoin has always hit a cycle top before altcoins. Related Reading: Altcoins Season: Recent Crypto Dip Shows Decline May Be Over And Bulls Are Taking Charge In 2021, Bitcoin peaked in April, and the altcoin market topped 28 days later. Similarly, in 2017, Bitcoin reached the top of the market, and altcoins followed 22 days later. For this market cycle, Sporia projects that Bitcoin will hit its highest point by mid-September after a typical 1,050-day cycle from its previous market bottom. Notably, the analyst revealed that the last time the altcoin market hit the 3.618 Fib level, its total market capitalization surged to $5 trillion. Overall, Sporia has indicated a 99% surety that the altcoin market will bottom so long as the key diagonal support holds. If it does, he highlights that the market should expect a V-shaped recovery and an uptrend lasting for 217 days. Featured image from Unsplash, chart from Tradingview.com
Over the past month, Chainlink (LINK) has struggled under the weight of a bearish market sentiment. The asset has experienced a steady decline in value, with its price slipping below key support levels. This downtrend has raised questions among investors about the possibility of a rebound and whether recent shifts in network activity might signal a potential recovery. As LINK’s performance falters, some analysts have stepped in to assess its trajectory and what might come next. Related Reading: Chainlink (LINK) Set For $36? Whale Moves Suggest A Big Rally—Analyst Analyst Outlook On Chainlink Ali, a renowned crypto analyst, recently shared his perspective on Chainlink’s current position. Highlighting a nearly 40% price drop over the past month in Chainlink’s price, Ali noted a network contraction that may point to reduced activity. He pointed out that LINK’s MVRV ratio—an indicator of profitability for recent traders—currently sits at a loss of 16%, a level that historically precedes a pause in selling pressure. This drawdown is also reflected in the MVRV Ratio, which tracks trader profitability. Right now, those who bought #LINK in the past 30 days are sitting at an average loss of -16%. This is a level that has historically marked selling exhaustion points.https://t.co/WQhXOhpqas — Ali (@ali_charts) February 19, 2025 This metric, combined with observations of increased whale accumulation, suggests a complex picture where short-term pain could lead to long-term opportunity. However, despite the prevailing market conditions, there are signs of renewed interest among major investors. Ali highlighted that whales have acquired over $20 million worth of LINK in just the last 24 hours, hinting at a potential shift in sentiment. For a confirmed rebound, Ali suggested that LINK must break above the $19 mark to target $23.70. However, he also cautioned that if LINK fails to maintain its current support near $15.50, a deeper correction could follow. Projections For LINK Another analyst, known as Crypto Elite, offered a more optimistic outlook. According to Elite, the prolonged downtrend for Chainlink that began in 2021 has recently been broken, providing a foundation for future gains. Elite identified ambitious price targets at $53, $100, and even $144, suggesting that the current phase might represent the early stages of a significant upward move. ChainLINK is Gearing Up for a Massive Move! The downtrend from 2021 has finally been broken, and we’re holding strong above it. ???? Targets I’m watching closely: 1️⃣ $53 2️⃣ $100 3️⃣ $144 The momentum is building—stay tuned for what’s next!$LINK #LINK #Link $Link pic.twitter.com/rvoTNXiSaV — @CryptoELlTES (@CryptooELITES) February 7, 2025 Notably, the coming weeks will be critical for Chainlink as it attempts to stabilize and possibly regain lost ground. It would be worth watching closely to see whether LINK can hold key support levels, sustain whale interest, and eventually climb past pivotal resistance points Featured image created with DALL-E, Chart from TradingView
Ethereum’s recent price performance indicates a departure from the negative trends that are seen in the broader cryptocurrency market. While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value back above $2,700. Amid this price move, questions have been raised about whether the asset might be quietly building momentum for a sudden rally. Related Reading: Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target Quiet Moves Behind The Scenes Santiment, a well-regarded market intelligence platform has recently highlighted this price performance from ETH on X, noting that Ethereum has outpaced many altcoins at the start of the week. This performance as reported by Santiment may be attributed to the ongoing trend of ETH moving from exchanges into cold wallets at an accelerating rate. In fact, only 6.38% of the available supply remains on exchanges, the lowest figure since Ethereum’s inception, according to Santiment. Santiment also revealed that renewed interest from the ETH community appears to be another factor behind this momentum. ???? Ethereum has shown mild signs of a rebound, currently back up to a market value of $2,745 and outpacing most altcoins to start the week. From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the… pic.twitter.com/4MTJgpOLDT — Santiment (@santimentfeed) February 17, 2025 Having underperformed compared to other large-cap assets throughout 2024, Ethereum is now drawing attention as market participants begin anticipating a rebound when broader market conditions improve. Santiment’s analysis points to these movements as early indicators that Ethereum may be positioned for more sustained growth in the coming months. A Potential Upside for Ethereum and Altcoins Looking ahead, various market analysts have shared optimistic outlooks for Ethereum’s performance. Javon Marks, for example, sees ETH emerging from a lengthy consolidation phase. Related Reading: Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum According to Marks, the asset could potentially recover over 72% from its current levels, returning to its all-time high zones. Such a move might also spark significant bullish momentum for other altcoins, further enhancing Ethereum’s role as an altcoin market leader. Coming out of what may have only been a massive bottoming/consolidation, $ETH could be setting up here for an over +72.1% surge in a recovery back to its ATH areas! Ethereum could still have a major upside coming, and this could also aid alts into significant bull moves as well. https://t.co/yKb13rWh99 pic.twitter.com/6fLTjolHQ0 — JAVON⚡️MARKS (@JavonTM1) February 17, 2025 Another perspective comes from crypto analyst Ali, who identified a crucial support level at $2,425. This level is noteworthy as it represents the accumulation zone for 10.33 million wallets holding a total of 62.43 million ETH. Featured image created with DALL-E, Chart from TradingView
After a steady decline, Toncoin (TON) has seen a slight price increase over the past day, rising by 1.7% to $3.85. This movement comes amidst ongoing discussions about its longer-term performance and accumulation trends. According to an analysis by CryptoQuant analyst Shiven Moodley, there are indications that TON holders are positioning for a potential rebound. Moodley’s observations, which are detailed in a recent post on CryptoQuant’s QuickTake platform, suggest that the asset may be entering an accumulation phase despite its recent downward trajectory. Related Reading: Analyst Says Toncoin (TON) May Be Primed for Major Recovery—Here’s Why Toncoin Shows Signs of Accumulation Moodley points to several metrics as evidence. The 180-day Sharpe Ratio, a measure of risk-adjusted returns, signals a period of accumulation. This is further supported by stable TVL (Total Value Locked) in lending protocols and a noticeable reduction in speculative trading activity. Notably, the asset’s volatility has declined since the price spikes in December 2024 and February 2025. If this trend persists, it could imply that selling pressure is diminishing, potentially paving the way for a future rebound. Key on-chain indicators also paint a picture of potential opportunity. The Normalized Risk Metric (NRM), which evaluates TON’s valuation relative to historical moving averages, highlights accumulation at a price level of $3.82. Additionally, record lows in the Long-Term NRM suggest that longer-term holders are increasingly accumulating TON at these levels. Historically, similar setups have preceded market recoveries, giving investors a reason to believe that a medium-term price reversal may be on the horizon. Moodley wrote: It remains to be seen whether TON’s price action can stage a full recovery. However, long-term accumulation traders are best positioned to benefit from macro policy changes that could shift sentiment in the broader crypto market. The conditions could align for a potential rebound with selling pressure fading and risk metrics signalling a low-risk environment. On-Chain Metrics Hint at Long-Term Opportunity Another metric Moodley pointed out is the Risk Exposure Ratio—which tracks leveraged positions within TON’s DeFi ecosystem—it has recently reached a new high, exceeding 0.24 in early 2025. This suggests a growing influence of leveraged activity. However, if the ratio begins to decline, it could indicate a stabilization in market conditions, potentially leading to more stable price movements. Furthermore, the Probability of Spend metric shows that coins older than 400 days are unlikely to move, indicating strong conviction among long-term holders. This trend has historically correlated with phases of accumulation and recovery. As Moodley notes, short- to medium-term holders appear to be exiting their positions, likely contributing to the recent price weakness. Meanwhile, long-term holders remain consistent, suggesting a belief in the asset’s long-term potential. Related Reading: Toncoin (TON) Investors Sitting On 54% Profit Despite Price Plunge If selling pressure continues to ease and risk metrics improve, TON could be setting the stage for a more favorable market environment. In this scenario, long-term investors may be well-positioned to benefit from potential macroeconomic shifts that could ultimately boost Toncoin’s value. Featured image created with DALL-E, Chart from TradingView
Toncoin (TON) has faced a prolonged downturn, struggling to regain upward momentum after a tough week. Although it recently recorded a slight daily gain, the asset remains trapped in bearish territory, trading below the $4 mark. Despite this challenging price performance, analysts suggest that Toncoin may be nearing a significant accumulation phase. Related Reading: New Data Suggests Toncoin (TON) Might Be Undervalued—Here’s What It Means Key Metrics Indicate Potential Recovery Amid these market conditions, a CryptoQuant contributor, Crazzyblockk, recently shared a detailed outlook on TON. In a post titled “TON Enters Key Buy Zone – A Prime Opportunity,” the analyst outlined key findings from the Ton Price Models. These models indicate that Toncoin has reached the 0.6x 250-day moving average bottom zone—historically considered a strong accumulation level. Crazzyblockk notes that this data-driven model suggests TON is undervalued, presenting a potential buying opportunity for long-term investors. Notably, the Ton Price Models leverage historical data to identify oversold conditions and potential entry points. According to Crazzyblockk, assets trading near 0.6x–0.8x of their 250-day moving average often signal strong buy conditions. Historically, these levels have served as ideal accumulation zones before major market upturns. The analyst emphasized that TON’s current price position aligns with previous setups that have led to significant price recoveries, making it a promising target for data-driven investment strategies. Toncoin Price Performance And Outlook Meanwhile, Toncoin’s price on the higher time frame has continued to demonstrate a bearish move. In the past two weeks alone, this metric has fallen by a double-digit of 23.4% and roughly a 54.3% decrease away from its all-time high of $8.25 registered in June 2024. However zooming in, TON has shown resilience recording a slight increase of 2.8% in the past day. This uptick although little has been able to push TON’s price above $3.8 nearing the $4 mark. Interestingly, while TON’s price has risen today, its daily trading volume is notably lower compared to last Friday, when the asset was trading at a similar price level. Last Friday, TON’s trading volume exceeded $214 million. However, as of today, it has decreased to $161.2 million. One possible explanation for this drop in trading volume could be a shift in investor behavior, with some market participants holding their positions rather than actively trading, potentially in anticipation of continued price appreciation. Speaking of price appreciation, a renowned crypto analyst known as Ali on X has recently shared an interesting analysis on Toncoin using the TD Sequential indicator. Related Reading: Is Toncoin Set for a Comeback? Key Market Signals Point to a Possible Rebound This indicator is a tool that helps identify potential trend reversals and exhaustion points in price movements. It works by counting a series of consecutive price bars that close higher (in an uptrend) or lower (in a downtrend) than previous bars, forming a sequential count. Once the count reaches a certain number—often 9 or 13—the indicator suggests that the prevailing trend may be losing momentum and could reverse or pause. According to Ali, TON is on the verge of a rebound based on this tool. #Toncoin $TON is showing signs of a potential rebound as the TD Sequential indicator flashes a buy signal on the weekly chart! pic.twitter.com/nRtabmxjxQ — Ali (@ali_charts) February 14, 2025 Featured image created with DALL-E, Chart from TradingView
Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher. This recent movement has narrowed the gap between Ethereum’s current price and its all-time high to just 33%, giving investors reasons to pay closer attention. Various analysts have weighed in on the potential implications of this price action, offering a mix of short- and long-term outlooks. Related Reading: Ethereum’s Prolonged Consolidation: What Is Really Going On? Analyst Weighs In Analysts Discuss Key Levels and Future Targets Elite, a well-known crypto analyst, pointed out that Ethereum’s resilience came in the face of “hawkish signals” from the Federal Reserve. The analyst wrote: Despite the Fed’s hawkish signals yesterday, ETH broke past the $3,200 mark, showing impressive resilience. But that’s not all—on-chain activity is soaring. According to IntoTheBlock data, active Ethereum addresses have increased by 37% over the last few months, reaching 670,000—significantly surpassing the 400,000 level seen in early 2024. This sharp rise in network activity is viewed by some as an indication of growing demand and renewed bullish momentum as the new year unfolds. Several other analysts have also shared their perspectives on Ethereum’s price trajectory. WorldofCharts highlighted the cryptocurrency’s consolidation within a tight range, forming a bullish pennant. He suggested that a successful breakout from this pattern could propel Ethereum toward the $4,000 resistance area. This ascending triangle level, previously outlined in his analysis, may serve as a critical milestone for the asset’s upward trajectory. $Eth #Eth Consolidating Within Tight Range Of Bullish Pennant, Expecting Upside Breakout Soon, Incase Of Successful Breakout Ethereum Can Target 4000$ Area Ascending Triangle Resistance Area “Which I Shared Recently” https://t.co/Gq5sYBiKfA pic.twitter.com/B36VRnN9Qm — World Of Charts (@WorldOfCharts1) January 30, 2025 Ethereum On The Path To A $9,000 Rally? Another prominent analyst, Ted, emphasized that Ethereum’s higher lows on longer timeframes signal a strengthening bullish structure. He identified the $4,000 level as pivotal, predicting that its recovery could open the door to a new all-time high. Related Reading: Ethereum Price Struggles Against Resistance: A Tough Road Ahead Ted went even further, forecasting that Ethereum could reach $9,000 to $10,000 within the next three to four months if these bullish conditions persist. This optimism is supported by growing on-chain activity and sustained investor interest. Ethereum is forming higher lows on the longer timeframe. $4K remains the most crucial level, and the reclaim of that will send $ETH to new ATH. Once that happens, I’m expecting Ethereum to hit $9K-$10K within 3-4 months. Trump will buy more and more ???? pic.twitter.com/c3fFVXh8Xl — Ted (@TedPillows) January 29, 2025 Featured image created with DALL-E, Chart from TradingView
Following weeks of declines, Ethereum (ETH) seems to have begun its recovery, closely tracking Bitcoin’s upward movement. As of today, ETH has reclaimed the $3,300 level, reflecting a 7.5% increase over the past week. This rebound has sparked renewed interest among market participants, who are closely watching Ethereum’s next moves, particularly in light of improving market sentiment and key metrics indicating the potential for further gains. Related Reading: Ethereum Price Faces Another Rejection: Will Momentum Return? Renewed Market Optimism Observed, Road To $3,500? A CryptoQuant QuickTake Platform contributor ShayanBTC recently highlighted that Ethereum is consolidating within a range of $3,200 to $3,500. According to Shayan, market dynamics around this price range suggest that a bullish breakout could be on the horizon. While funding rates—a critical indicator of market sentiment—initially declined, it has begun to rise again, signaling a renewed appetite for long positions and greater confidence in Ethereum’s near-term performance. As Ethereum edges closer to the $3,500 resistance level, the supply and demand dynamics at this price point are drawing significant attention. The presence of notable supply in this range emphasizes the importance of sustained bullish momentum for a breakout. Shayan has pointed out that the funding rates metric will be a key indicator to watch. If funding rates continue to rise, it could signify heightened market optimism, increasing the likelihood of Ethereum pushing beyond $3,5000. According to Shayan, for Ethereum to overcome this critical resistance, the futures market must maintain and strengthen its bullish sentiment. This will require not only a continued rise in funding rates but also an overall increase in long positions and trading activity. The interplay between these factors will determine whether Ethereum can achieve a decisive breakout, making the upcoming market action pivotal for traders and investors. Ethereum Market Performance And Outlook So far, Ethereum is currently trading for $3,346, at the time of writing with the asset recording an increase of 1.3% in the past day. Meanwhile, on the weekly time frame, Ethereum has surged by more than 10% in price suggesting a consistent upward momentum in the past 7 days. Related Reading: Ethereum Whales Double Holdings To 43% Post-Merge – Details However, despite this increase in ETH’s price, the asset is still roughly a 31.3% decrease away from its all-time high (ATH) of $4,878 registered in November 2021. Interestingly, despite this, some analysts are still quite bullish on Ethereum, especially with the new pro-crypto administration. A renowned crypto analyst on X known as Trader PA recently shared in a post a bullish pattern on ETH’s chart in which if ETH makes a breakout it could see a significant rally. Trump will send Ethereum to $5,000. He already bought $72mil in the past 48 hours. pic.twitter.com/PwzYj5byhC — TraderPA (@Trader1PA) January 20, 2025 Featured image created with DALL-E, Chart from TradingView
Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON’s market capitalization by some millions but also brought investors to ponder on Toncoin’s potential for a sustained rally. Particularly, as the TON market stabilizes so far, questions about investor sentiment and market risk are coming to the forefront. Related Reading: Toncoin Could See A 65% Surge In The Next 43 Days—Here’s Why Is Now The Time To Buy TON A CryptoQuant Quicktake Platform contributor Darkfost recently analyzed Toncoin’s market behavior, focusing on the annualized realized volatility over a one-week period. This metric as shared by the analyst has dropped below the 0.25 threshold, offering insights into the prevailing investor sentiment and perceived market risk. While low volatility is often associated with reduced risk, it may also indicate waning market interest or growing investor caution. Notably, the decline in realized volatility is a significant development, as periods of low volatility have historically been followed by market reversals. Darkfost emphasized that reduced volatility often signals diminished investor interest, which can present both opportunities and challenges for traders. On the one hand, such periods may highlight reduced market risks, offering potential entry points for long-term investors. On the other hand, they require careful analysis, as low volatility alone cannot guarantee future price movements. Darkfost suggested that monitoring these low-volatility periods closely, alongside other indicators, is essential for making informed decisions. Additional evaluation of broader trends and corroborating signals is necessary to identify whether these zones represent genuine buying opportunities. Toncoin Market Performance And Outlook In recent weeks, TON’s price has shown little movement in either a bullish or bearish direction. Despite the broader crypto market experiencing a recent downturn, TON has managed to hold steady above the $5 mark, avoiding any significant drops below this level. Related Reading: Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next? Even as the broader crypto market now begins to recover, TON has struggled to break past the $5 threshold, indicating that it may be encountering resistance at this price point. At the time of writing, TON is trading at $5.22, reflecting a modest 0.5% increase over the past day. Interestingly, despite this encountered resistance above $5, TON appears to still be seeing significant movement behind the scenes. Just yesterday, the network registered over 100% in large transaction volume reaching nearly $8.5 billion Toncoin $TON surged 104% in large transaction volume over the past 24 hours, reaching $8.13 billion, driven by significant whale activity and $127 million in market-wide shorts liquidations. Currently trading at $5.39, TON’s spike aligns with a broader crypto market recovery… pic.twitter.com/7uLTLhz3h6 — ᵇᵉᵃᵗ (@beatbroker) January 15, 2025 Featured image created with DALL-E, Chart from TradingView
As the cryptocurrency market experiences a notable resurgence, Bitcoin (BTC) continues to lead the charge, while altcoins—especially Cardano (ADA)—are making significant gains. Altcoins Market On The Cusp Of Change: Will Bullish Momentum Prevail? Market expert Patrick H recently shared insights on social media, stating, “The altcoins market is attempting to build a new bullish structure. Are we heading for higher levels, or is another rejection more likely?” This query shared among market players signifies the careful optimism present in the altcoin realm as it contemplates the possibilities of a trend reversal. Related Reading: XRP Eyes $11 Breakout, But A Correction Might Come First—Analyst On this matter, the expert unveiled in a recent analysis that the daily chart of the total altcoin market cap (excluding the top 10 cryptocurrencies) reveals important developments. After enduring a prolonged bearish phase characterized by a descending channel—marked by lower highs (LH) and lower lows (LL)—the market appears to be on the verge of a significant shift. In addition, recent activity indicates a breakout from this descending channel, suggesting that bearish momentum may be waning. Importantly, a higher low (HL) has formed around the $330 billion mark, establishing a critical support level, serving as the first indication of a possible bullish shift in the market’s trajectory. Currently, the altcoin market is facing resistance at the $375 billion level, where it is consolidating following the breakout. For a full confirmation of a bullish market structure shift, the market must achieve a clear higher high (HH) at approximately $400 billion. Successfully breaking this level would solidify the reversal and could lead to a rally targeting $600 billion as the next local stop. Conversely, if the market experiences a failed breakout—failing to reclaim the $400 billion mark and subsequently reversing—investors should closely monitor key support levels at $330 billion and $317 billion. A retest of the descending channel breakout could occur, and a breakdown below $317 billion would invalidate the bullish setup, signaling a potential return to the downtrend. Can Cardano Continue Its Impressive Price Climb? Over the past week, Cardano has emerged as a standout performer, experiencing a substantial price increase of 31%. This surge has enabled the ninth-largest cryptocurrency by market capitalization to regain the critical $1.11 level. In stark contrast, Bitcoin (BTC), the leading cryptocurrency, recently achieved a new all-time high of $108,000. Despite this, Cardano’s current price remains over 64% below its all-time high of $3.09, which was reached in September 2021. However, with the bullish scenarios outlined by market expert Patrick H. indicating a potential rally in the altcoin market in the coming months, Cardano and other altcoins may continue to experience upward price momentum. Related Reading: XRP Price Sets Bullish Flag Continuation On The Daily Chart, Next Stop $10? All around, the altcoins market stands at a crucial juncture. The recent breakout and formation of a higher low are promising signs, yet the path forward remains uncertain. A successful push above the $400 billion threshold is essential to confirm a bullish reversal and unlock further upside potential. Featured image from DALL-E, chart from TradingView.com
As the new year begins, the crypto market is experiencing a notable resurgence, with many altcoins outpacing Bitcoin (BTC) in performance. Bitcoin recently saw an increase of up to 2.9%, reaching $97,526, while alternative cryptos such as Ethereum (ETH), XRP, and Dogecoin (DOGE) surged by over 4%. Notably, Solana (SOL) climbed an impressive 8.2%, signaling a renewed interest in digital assets beyond the leading cryptocurrency. Altcoins And Crypto Stocks Gain Momentum In New Year Chris Newhouse, director of research at Cumberland Labs, noted that investors are diversifying their portfolios as they enter 2025. “Market participants have started to allocate capital to representations of more speculative narratives,” he stated, highlighting a shift towards altcoins that may offer higher returns. This trend aligns with historical data showing that digital assets often perform well in the first quarter, adding to the optimism surrounding the current market dynamics. Related Reading: XRP Surpasses USDT: Becomes 3rd Largest Crypto With $139 Billion Market Cap The positive momentum is further supported by the notion of capital rotation into thematic sectors, which Newhouse describes as a “strong tailwind for altcoins.” Investors appear to be capitalizing on seasonal strength, coupled with improving macroeconomic conditions and an interest in narratives that extend beyond Bitcoin and Ethereum. This renewed enthusiasm isn’t limited to cryptocurrencies alone; crypto-dependent stocks are also benefiting from the market’s upswing. On the first trading day of 2025, Coinbase shares climbed as much as 5.6%, while MicroStrategy and MARA Holdings saw increases of 7.3% and over 8%, respectively, indicating a growing confidence among investors in the broader cryptocurrency sector. Optimism Grows For 2025’s Bull Market Amid Regulatory Changes Despite the gains, it’s important to note that cryptocurrency prices remain below the highs experienced in December. Some market analysts suggest this dip may be fueling current buying activity. Strahinja Savic, head of data and analytics at FRNT Financial Inc., remarked, “Rallies among alts like the one we are seeing today are investors following the popular crypto mantra of ‘buy the dip’ in anticipation of the bull market’s continuation.” For many crypto investors, the fundamental case for a budding bull market remains robust, despite the inherent volatility. Looking ahead, many investors are optimistic about a more favorable regulatory environment for cryptocurrencies in 2025, particularly with the anticipated presidency of Donald Trump. Trump’s election victory and the nomination of crypto-friendly individuals to his administration have already resulted in substantial inflows into altcoins that had previously faced scrutiny from the US Securities and Exchange Commission. Related Reading: Coinbase Premium Index Reaches Two-Year Low At -0.23%: Impact On Bitcoin Price Unveiled The market’s leading altcoin, ETH, is trading at $3,660, which, despite the rally, is still nearly 25% below its record high of $4,878 set during the 2021 bull run. Featured image from DALL-E, chart from TradingView.com
Ethereum‘s long-term outlook appears to be quite positive as ETH sees a wave of bullish predictions about a move to unprecedented heights in the ongoing market cycle. As ETH navigates the volatile phase, a shift in momentum might signal the start of its next major price surge. $8,000 Price Target Remains Within Reach For Ethereum […]
The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market. Related Reading: Inside Trump’s […]
Amid a significant uptrend in crypto prices, altcoins are beginning to outperform Bitcoin (BTC), marking a notable shift since the historic highs of 2021. This surge coincides with Bitcoin nearing an all-time high of $100,000, fueled by the presidential election victory of Donald Trump, who positions himself as a pro-crypto leader. However, Bloomberg reports that the uncertainty stemming from the 2021 crypto collapse remains palpable among investors, as many altcoins experienced dramatic price fluctuations during past market cycles. Expert Voices Skepticism On Altcoins Rally Altcoins have shown impressive gains, with tokens like Solana (SOL) reaching new all-time highs, while many others have more than doubled in price since the beginning of the year. Historically, altcoins tend to outperform Bitcoin during market rallies but can also experience sharper declines during downturns due to their higher volatility and lower trading volumes. Related Reading: $15 Trillion Market Cap For Bitcoin? Crypto Firm CEO Predicts Explosive Growth The crypto market has been cautious since major players like FTX and crypto lender Celsius collapsed, which contributed to a significant bear market. Despite this, recent activity indicates a resurgence, with increased trading volumes and price rises among altcoins throughout November. Interestingly, James Butterfill, head of research at CoinShares, expressed skepticism about a massive altcoin rally, particularly in light of potential regulatory changes, including a proposed national Bitcoin reserve. Republican Senator Cynthia Lummis has introduced the Bitcoin Act, which seeks to allocate funds from the Federal Reserve’s gold reserves to acquire a strategic stockpile of 1 million Bitcoin. Butterfill told Bloomberg that the political implications of such legislation could significantly affect market dynamics, potentially increasing Bitcoin’s dominance over its peers. ETF Approval Hopes Could Boost Crypto Interest Under Trump While Solana stands out as the only major altcoin to surpass its previous highs this year, experts like Nikolay Karpenko from crypto trading firm B2C2 believe this rally could differ from the 2021 experience. The expert highlighted the industry’s maturity over the past few years, which has seen improvements in risk management and the entry of “more strategic” and institutional investors into the crypto space. As altcoins continue to gain traction, data shows that trading volume has become increasingly concentrated among the five most traded altcoins, rising from less than 50% earlier this year to over 60% this month. This shift can be attributed to unique factors affecting individual cryptocurrencies, such as Solana’s rise fueled by excitement over potential exchange-traded fund (ETF) approvals and Dogecoin’s gains related to its payment capabilities and support from figures like Elon Musk and his new position at the Department of Government Efficiency (DOGE). Related Reading: XRP Consolidates Below Crucial Resistance – Analyst Sets $1.60 Target The expert noted that the possibility of more altcoins receiving approval for ETFs under Trump’s administration could further enhance institutional interest. However, Butterfill cautioned that the market may begin to differentiate between assets, focusing more on fundamentals rather than riding the wave of speculative trading. Despite the bullish sentiment surrounding altcoins, they still trade at significantly lower prices than Bitcoin, with Ethereum (ETH), the second-largest cryptocurrency, priced at only about 4% of Bitcoin’s value. After hitting a new record high of $263 during last week’s rally, Solana has since fallen back to the $240 level, echoing the current correction Bitcoin is experiencing after hitting its new all-time high of $99,500. At the time of writing, SOL is up nearly 6% in the 24-hour time frame, while BTC is up 4% in the same period. Cover image from Dall-E, chart from Tradingview