As geopolitical tensions ease and traditional markets hit new peaks, Bitcoin is once again capturing the spotlight. With institutional inflows reaching record levels, BTC is testing key resistance zones, sparking discussions about a potential run toward a new all-time high. This bullish momentum isn’t limited to Bitcoin alone—several major altcoins are also showing signs of strength.
In this analysis, we’ll explore Bitcoin’s current market position and evaluate whether an altcoin season is on the horizon. We’ll also look at the technical outlook for selected altcoins that are gaining traction.
Bitcoin Market Analysis
Bitcoin has been trading between its moving averages and a visible downtrend line. Buyers have made several attempts to push the price above this resistance, but sellers have held their ground—for now.
The moving averages are sloping upward, and the Relative Strength Index (RSI) remains in positive territory, suggesting that buyers have a slight edge. A decisive break above the downtrend line could propel BTC toward $110,530 and later to $111,980.
If buyers manage to break through these levels, the next major target could be near $150,000. However, if the price fails to hold above the moving averages, a retest of the $100,000 support level becomes likely.
On the 4-hour chart, Bitcoin shows resilience as it rebounds from the 20-day Exponential Moving Average (EMA). A break above the immediate resistance could signal renewed strength, while a drop below the 50-day Simple Moving Average (SMA) might trigger a deeper correction.
Altcoins to Watch
Hyperliquid (HYPE)
Hyperliquid recently dipped below the 20-day EMA but found strong support near the $34–$35 zone, indicating solid demand on pullbacks.
If buyers can push the price above the $39 resistance, HYPE could rally toward $42.50 and possibly test the $45–$46 region. On the other hand, a break below the 20-day EMA might lead to a test of the 50-day SMA near $34. A failure to hold this level could see the token drop toward $30.
The 4-hour chart shows that HYPE is currently testing the $39 resistance. A successful breakout could lead to a short-term rally, while rejection may result in a consolidation phase between $35 and $39.
Bitcoin Cash (BCH)
Bitcoin Cash continues to face selling pressure around the $500 mark. However, buyers have not allowed significant downside, indicating accumulation.
The moving averages are rising, and the RSI is in bullish territory. A clean break above $500 could open the door for a move toward $550 and eventually $625. Support lies at the 20-day EMA ($464) and the 50-day EMA ($430). A break below these could signal a shift in sentiment.
On the 4-hour timeframe, BCH is attempting to hold above the 20-EMA. A sustained move above $500 may attract more buyers, while a drop below the moving averages could lead to a test of the $430 support.
Chainlink (LINK)
Chainlink has been defending the 20-day EMA around $13.27, showing that buyers are actively supporting the price.
A move above the 20-day EMA could lead to a retest of the 50-day SMA near $14.43. If buyers break this level, LINK may aim for the $18 resistance zone. However, a drop below $12.73 could see the token remain within a descending channel.
The 4-hour chart indicates that LINK is testing a resistance trendline. A breakout above $13.50 could trigger a rally toward $15.50. If the price fails to hold the 20-EMA, it may slide toward the 50-SMA.
Sei (SEI)
Sei broke above the 50-day SMA earlier this week and briefly surpassed the $0.29 resistance before pulling back.
The token has since reclaimed the $0.29 level, and the RSI suggests bullish momentum. If buyers maintain control, SEI could target $0.35 and later $0.43. A break below the 20-day EMA may lead to a decline toward $0.19.
On the 4-hour chart, SEI is trading above its moving averages. Holding above $0.30 could lead to a test of $0.33. A break below the 20-EMA might trigger a pullback toward the 50-SMA.
Will Altcoin Season Arrive?
An altcoin season typically occurs when Bitcoin stabilizes or continues its uptrend, allowing investors to rotate capital into alternative cryptocurrencies. The current market structure suggests that if Bitcoin breaks to new all-time highs, select altcoins may follow with strong upward moves.
However, not all altcoins will perform equally. Investors should focus on tokens with strong fundamentals, clear use cases, and healthy on-chain metrics. Market sentiment, trading volume, and broader macroeconomic conditions will also play crucial roles.
👉 Explore more strategies for identifying high-potential altcoins
Frequently Asked Questions
What is altcoin season?
Altcoin season refers to a period in the crypto market when alternative cryptocurrencies (altcoins) significantly outperform Bitcoin. This often happens when investors diversify their holdings from BTC into smaller-cap tokens seeking higher returns.
How can I identify potential altcoin candidates?
Look for tokens with strong technical breakouts, increasing trading volume, positive developments in fundamentals, and growing community support. It's also helpful to monitor market sentiment and institutional interest.
Should I invest in altcoins during Bitcoin’s rally?
It depends on your risk tolerance and market outlook. While some altcoins may surge if Bitcoin breaks out, others might underperform. Diversification and risk management are essential.
What are the risks of trading altcoins?
Altcoins are generally more volatile and less liquid than Bitcoin. They may also be more susceptible to market sentiment, regulatory news, and project-specific risks. Always do your own research before investing.
Can altcoin season occur without Bitcoin’s participation?
It's rare. Bitcoin often leads the market cycles, and altcoins usually rally after Bitcoin has shown strength. However, in some cases, fundamental shifts within a specific blockchain ecosystem can drive independent momentum.
How long does a typical altcoin season last?
There's no fixed duration. Some altcoin seasons last a few weeks, while others may extend for several months. Market conditions, investor behavior, and external factors all influence the length of these cycles.
Disclaimer: This content is for informational purposes only and is not intended as investment advice. The cryptocurrency market is highly volatile; investors should conduct their own research and exercise caution before making financial decisions.