The cryptocurrency market enters June with intense volatility, creating opportunities for a series of small-cap altcoins to unexpectedly rise to the forefront. Notably, some tokens are nearing their all-time highs (ATH), driven by an optimistic wave of investment from traders.

In this context, Bitcoin Magazine has selected three outstanding names that investors should particularly watch this week, as they show potential for establishing new all-time highs.

SPX6900 (SPX)

The price of SPX has increased nearly 32% this week, currently trading around $1.65 – just under 7% away from the historical peak of $1.77. This impressive increase not only reflects market strength but also strongly attracts interest from investors and speculators looking for short-term profit opportunities.

As a meme coin, SPX has maintained a steady upward trend for several weeks and is now approaching its all-time high after nearly 5 months of accumulation. If this coin can surpass the resistance level of $1.77, it is likely to continue breaking above the $1.80 mark – a signal confirming that the upward trend remains intact and further strengthens confidence in future growth potential.

However, in the context of an overall volatile market, if sentiment turns negative before SPX can reach ATH, the price could quickly adjust back. The first support level at $1.55 will be an important observation point to identify signs of weakness. If this level is breached, the current upward trend may be broken, pushing the price back to the area of $1.40 and even risking a complete reversal.

Saros (SAROS)

SAROS recorded a slight decrease of 1.99% last week after setting a new all-time high at $0.237. Currently, the price is 14.5% lower than the peak, indicating that the coin may be entering a period of accumulation or short-term correction. Traders are closely monitoring the fluctuations, waiting for recovery signals as SAROS seeks to regain growth momentum.

With Bitcoin maintaining a solid upward trend, SAROS may benefit from the positive sentiment spreading across the market. If this trend continues into next week, SAROS could easily surpass the resistance level of $0.237, opening up opportunities for investors looking to profit from altcoins in a growth cycle.

However, a negative scenario still looms. If geopolitical tensions escalate or Bitcoin reverses, SAROS is likely to be negatively affected. The relatively high correlation between BTC and SAROS (0.61) indicates that Bitcoin's volatility plays a crucial role in SAROS's price movements. In a negative case, the price could fall to the support area of $0.192 — weakening the current bullish outlook and increasing risks for investors.

Sky Protocol (SKY)

The price of SKY has surged nearly 25% in the past week, currently hovering around $0.0917. With only a 14.8% gap from the historical peak of $0.1054, this coin still has much room to continue climbing. The recent strong recovery has attracted significant interest from investors, while also igniting hopes for a sustainable upward trend in the near future.

If it maintains impressive performance, SKY has a real chance of reclaiming the ATH at $0.1054. However, to achieve this, the coin needs to break through the psychological resistance level of $0.1000 and turn it into a solid support zone. Strengthening the price base in this area will play a key role in creating momentum for the next upward moves.

On the contrary, if market sentiment turns negative or profit-taking pressure increases, SKY may face the risk of losing support at $0.0915. At that point, the price could adjust to the area of $0.0799, thereby weakening short-term growth prospects.