In the market update on August 19 titled 'Important Altcoins to Watch Right Now', analyst Cryptoinsightuk states that the current context is gradually becoming favorable for a new altcoin bull run. The key factor, according to him, is the weakening dominance level of Bitcoin (BTC) – which has long been seen as a directional measure for the entire market.
He emphasizes:
"In recent days, as well as in the newsletter, I have continuously discussed my long-term argument that Bitcoin's dominance will continue to decline and this is the condition for altcoins to have a strong growth opportunity. At the current price of many major coins, the risk-return ratio for Long positions is truly attractive."
To reinforce the viewpoint, Cryptoinsightuk points out a recurring intraday trading pattern that he believes can be clearly observed on both Bitcoin and many other large-cap assets. This pattern usually includes:
Forming a price range – the market moves sideways within a narrow range.
Sweeping the lows – price dips below the bottom of the range, triggering liquidations and sweeping liquidity.
Sweeping the highs – price bounces back up, testing the resistance area.
Price returns to the lows in the range – resetting the equilibrium area.
Gradual growth momentum appears – the market begins to accumulate energy for a new trend.
Specifically for Bitcoin, he notes that the RSI indicator on the 4-hour frame shows signs of recovery, indicating the possibility of a short-term increase. However, he also acknowledges that the immediate trend may still be significantly affected by the movements of the US stock market upon opening as well as global macro factors – elements that often strongly influence sentiment and capital flows in the crypto market.
Analysis of prominent altcoins
Avalanche (AVAX) – Asymmetric growth structure
In his strategy portfolio, Avalanche (AVAX) is ranked at the top priority. He states that he has set a buy limit order around 22.75 USD, based on the observation that the 22.70 USD area is an important local liquidity zone that could activate short-term demand.
However, a more notable point lies above the chart: thick liquidity continuously appears from 27 USD, 28.4 USD and could potentially extend to 30 USD. These are the areas where the market could be drawn up if the growth momentum is activated.
Cryptoinsightuk describes this setup as 'asymmetric' – meaning low risk while profit potential expands. He explains:
If the buy order does not match, the investor will suffer little significant loss.
But if the price starts to rally and sweeps through the liquidity clusters above, the trend could accelerate due to liquidation effects and FOMO.
With this approach, AVAX is seen as an attractive tactical opportunity: leveraging the low price area as a safe entry point while opening up a large profit margin as the market heads towards higher liquidity marks.
Dogecoin (DOGE) – The most reliable swing trade
In the watchlist, Dogecoin (DOGE) is evaluated by Cryptoinsightuk as the highest reliability swing opportunity. He has deployed two parallel positions:
A buy order for DOGE perpetual contracts.
A spot buy order using USDT.
The average entry price is set around 0.225 – 0.227 USD, with modest leverage to maintain safety for larger positions.
Explaining this decision, he believes DOGE has completed a typical technical pattern consisting of:
Accumulation range – price oscillates within a narrow range.
Sweeping down to the lows – hitting the bottom of the range, triggering liquidity.
Retesting the small support area – price bounces up from an important trading cluster.
According to him, this is a signal that DOGE has 'shaken off' selling pressure and is building a foundation for a new upward trend.
In the short term, he monitors the restored support range, which now acts as a resistance level that needs to be overcome. If successful, the market could head towards thicker liquidity areas above, extending to around 0.30 USD. Further, he points out the large liquidity cluster around 0.40 – 0.47 USD; when the price reaches this area, he will consider reducing leverage to manage risk.
In the long term, Cryptoinsightuk sets targets based on Fibonacci tools, with the 1.618 extension corresponding to a price area of 1.19 USD. However, he also emphasizes that the trading scale will be flexibly adjusted based on market reactions at each important price area.
Fartcoin – High speculation position
Fartcoin (FARTCOIN) is viewed by Cryptoinsightuk as a 'sensitive market sentiment bet' rather than a core investment strategy. He opts to maintain a position with 10x leverage, but the scale is intentionally kept small to minimize risk, as the nature of this coin is extremely high volatility. According to his sharing, if the price slides down to the 0.86 – 0.81 USD area, the order will be liquidated. This shows he is fully aware of the risks and has prepared for a worst-case scenario.
The sole objective of this trade is not long-term holding or betting on an exceptional breakout, but simply to take advantage of a retracement to the previous peak in the context of market sentiment that could drive short-term increases. In other words, this is a 'window of opportunity' that is experimental, relying more on psychological momentum than on fundamental factors.
This approach reflects his pragmatic trading style: daring to accept controlled risks to capitalize on profits from potential plays, but at the same time clearly separating a test position from a core strategy.
XRP – Classic range
For XRP, Cryptoinsightuk believes the current price structure is quite similar to DOGE and AVAX, as this coin mainly oscillates within a clear range rather than creating a strong trend. In this context, he sets the first target at the peak of the current range, seeing this as an important test mark before the market can provide clearer signals.
However, what he emphasizes is not just the target number, but how the price reacts when approaching previous highs – where a large amount of liquidity is concentrated. This is the 'strength testing' area of the trend, as if buyers maintain strong enough momentum, XRP could break out of the range to extend the upward trend. Conversely, weak reactions in this area will signal a psychological barrier and pose a risk of correction back to the range bottom.
This approach shows that Cryptoinsightuk does not expect XRP to explode immediately like some highly speculative coins. Instead, he views XRP from the perspective of a 'range trading,' which means taking advantage of predictable oscillations within an established price range. This is a pragmatic strategy: preserving risk while waiting for clearer signals before making a large bet on the possibility of forming a long-term trend.
Cardano (ADA) – Liquidity around the 1 USD area
Cardano (ADA) is also on Cryptoinsightuk's watchlist, mainly due to the thick liquidity area around the 1 – 1.1 USD region. According to him, the 1.10 USD mark acts as the first 'checkpoint': if ADA can surpass and maintain above this threshold, that will be a signal that buying power is increasing and the upward trend is likely to get confirmed.
A notable point in his approach is the use of previous peaks as trend confirmation markers. Instead of expecting an immediate strong breakout, he assesses each progress of ADA based on the ability to conquer important resistance areas that have been validated in the past. This allows traders to take advantage of liquidity areas while limiting risks from false breakouts – a phenomenon often seen in volatile market phases.
If ADA succeeds in breaking the 1.1 USD mark, the upward momentum may extend to higher marks, while reinforcing the belief that capital flows are returning to one of the blockchains with a strong ecosystem. Conversely, if the price is rejected at this area, the 'price range' scenario will still prevail, forcing investors to wait patiently for clearer signals before increasing positions.
Thus, it can be seen that the strategy with ADA is pragmatic and structured, unlike highly experimental trades like FART, or explosive scenarios based on momentum like ETH and FLR.
Flare (FLR) – Complex wave structure
For Flare (FLR), Cryptoinsightuk spends more time on thorough analysis by delving into wave structure. According to him, FLR is likely finishing an ABC or WXYZ pattern adjustment cycle, or may be in the process of forming a corrective triangle in wave 2. Both scenarios lead to an important hypothesis: if the corrective structure has truly ended, the market may enter wave 3 – a phase often regarded as the strongest and most explosive in the entire Elliott wave cycle, when growth momentum reaches its peak.
However, instead of asserting that this is the ideal time to participate, he maintains a cautious attitude. Cryptoinsightuk emphasizes that FLR is currently only an 'interesting structure to watch,' not yet a definite trading opportunity. This perspective implies that, while the growth potential is very large if wave 3 forms, investors need to patiently wait for further confirmation signals before risking entering the market.
In other words, FLR is at a sensitive threshold of the wave cycle: either ready to initiate a new breakout or still holds risks if the correction wave has not ended. Therefore, instead of getting swept up in excitement, the wise approach is to observe and wait.
Ethereum (ETH) – Hidden bullish divergence
With Ethereum (ETH), Cryptoinsightuk focuses on the short-term signals that are gradually becoming positive. On the 1-hour frame, he notes the appearance of bullish divergence on the RSI indicator: while the price continuously makes lower lows, the RSI forms higher lows. This is often seen as a warning sign that selling momentum has weakened and buying pressure is quietly returning.
Notably, this divergence appears just as ETH approaches an important resistance cluster. If it surpasses this resistance area, ETH could open up a significant short-term rally, while laying the groundwork for a trend shift in the medium term.
However, Cryptoinsightuk does not stop at the short term. In broader analysis, he believes Bitcoin plays a key role: if BTC can continue to hover around the peak range and even retest the all-time high (ATH), this could be the signal for the start of the most volatile phase of the entire market cycle. Once this context is activated, ETH and altcoins are likely to simultaneously enter a new price discovery phase, where historical resistance levels no longer pose significant obstacles.
In other words, ETH is at the intersection of a positive short-term technical signal and a promising macro context. If Cryptoinsightuk's scenario plays out correctly, the altcoin market in general could soon witness a breakout acceleration with ETH taking the lead.
Mantle (MNT) – Waiting for a clear breakout
Finally, Cryptoinsightuk concludes the list with Mantle (MNT) – an investment he chooses to hold spot rather than use leverage. Unlike short-term ‘betting’ strategies, MNT is approached with patience and strict risk management.
According to the main scenario, if MNT can decisively break out of the current accumulation range, the market could witness a strong growth surge. In that case, the 2 USD mark is marked by him as the first potential profit-taking area, serving as a milestone to assess the strength of the trend.
The notable point in this strategy is how he prioritizes trend confirmation rather than rushing to 'catch the bottom.' He accepts to skip the period of faint oscillation to only participate when the market shows clear signals. This approach is safer and helps traders avoid falling into 'false growth traps' that are very common in sideways phases.
In other words, with MNT, Cryptoinsightuk chooses a defensive yet pragmatic strategy, based on the principle of 'patiently waiting for opportunities instead of risking guessing the bottom.' This not only demonstrates flexibility in how he approaches each altcoin, but also reflects a disciplined trading style – prioritizing risk management before thinking of profits.
Cryptoinsightuk's analysis reflects a reality: altcoins are entering a critical phase. The gradual weakening of BTC.D, along with recurring accumulation technical patterns across many coins, suggests that the market could be preparing for a breakout.
From safer choices like AVAX, DOGE, ADA, ETH to high speculation like Fartcoin, his list covers various layers of risk – return.
At the time of press release, ETH was trading around 4,175 USD. If Bitcoin stabilizes and market sentiment continues to shift, altcoins could see the strongest bullish cycle since the beginning of the year.