As Bitcoin inches closer to the $100K mark, attention is now shifting to the altcoin market. Analysts are observing signs of a major altcoin breakout cycle, led by strong moves in Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), NEAR Protocol (NEAR), Kaspa (KAS), and Fantom (FTM) — all showing signs of breaking long-term resistance trends.
The $100K level has been a key psychological barrier for months. Now that Bitcoin is soon moving past it, market sentiment is improving fast. As Bitcoin dominance starts to drop, capital is rotating into altcoins, which are showing early signs of breakout formations.
Technical Patterns Confirm a Bullish Shift
Altcoins are forming reliable breakout patterns like the cup and handle and inverse head and shoulders on higher timeframes. This shows that recent consolidations were accumulation zones and that larger upside may be ahead.
- Also Read :
- Altcoin Season is Here: XRP, ADA, SUI, ETH Rally
- ,
Major Altcoins Breaking Long-Term Resistance
Top altcoins such as ETH, DOGE, SOL, NEAR, KAS, Cardano (ADA), and Sonic (S) are all showing significant breakout signals. For example:
The message is clear: this could be the beginning of a full-fledged altcoin season. If Bitcoin holds above key levels and market sentiment stays bullish, altcoins may rally 100–250% from current levels — with some possibly retracing 60% of previous bear market losses.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Bitcoin’s price surged due to a major U.S.-UK trade deal announcement, easing trade tensions and boosting investor confidence.
Yes, significant ETF inflows and institutional interest are contributing to Bitcoin’s price surge.
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
