Historical experience repeatedly verifies: the market specializes in punishing those indecisive traders. Just last week, Ethereum (ETH) finally ended a months-long dormant period, and its breakout not only indicates the upward potential of ETH itself but also sends a strong signal—the altcoin season is about to fully kick off.
These highly volatile assets often "hesitate when falling and surge when rising." Currently, I am actively adjusting my positions to prepare for a possible surge in altcoins that may be coming.
Key technical points:
Bitcoin (BTC): If it can hold $100,000, the price is expected to be between $140,000 and $160,000 for the foreseeable future.
Ethereum (ETH): Bull market range breakout. ETH has shown relative strength, recently breaking through a long-term consolidation range—the resistance level around $2800 that has limited its rise for weeks. As of this week, ETH is trading in the mid $3000s. The trend is upward, forming higher lows, and momentum is improving.
The support level is currently around $2800 (the top of the old range, which should act as a bottom during a pullback), while the next major target on the upside is around $3800. A closing price above $3800 would indicate a new upward momentum (potentially heading towards $4000), while falling back below $2800 would serve as a warning signal. However, so far, ETH's market structure looks very strong—it is creating higher highs and is driven by positive sentiment.
XRP (Ripple): Testing major resistance. XRP is currently trading at around $2.30 and is approaching an important resistance area. The coin managed to hold a solid support range of $2.20-$2.30 during the recent decline. If XRP can hold this bottom and break above about $2.50, it may rebound to the $3.00 mark (a level not seen in months). The $2.50 obstacle has repeatedly prevented attempts to rise, so breaking above this area would be a bullish statement. The real test will be whether it can break above the top of $2.50 to continue rising.
Solana (SOL): Strong rebound, slight pullback. SOL recently rose to about $158-$160, which is a major resistance area where sellers have appeared multiple times. The asset formed a short-term double top near $159 before quickly pulling back to the $150 low.
Crucially, $150 has acted as support—Solana rebounded from that level, keeping its upward trend intact. Looking ahead, breaking above $160 would be very bullish and could open up targets around $178. Overall, Solana is still on a trajectory of higher highs and higher lows, but a clear breakout above $160 is needed to resume the upward movement.
ApeCoin (APE): Range-bound consolidation. APE (currently around $0.70) has been consolidating sideways following a spring rebound. It has been fluctuating between the support at about $0.675 and the resistance at $0.735 in recent weeks. This narrow oscillation reflects indecision—neither bulls nor bears have gained the upper hand recently.
APE's trend on the short-term chart is neutral (moving averages are flat, and volatility is low). A breakout above about $0.74 would be the first signal of a bullish breakout, potentially allowing it to retest the highs around $0.78 from May. Conversely, falling below $0.675 may indicate further weakness, with the next support level around $0.59. Traders are waiting for a clear breakout of this range before deciding on a direction.
Kaspa (KAS): Uptrend faces supply testing. KAS has been in a strong uptrend for most of 2025, although it is currently in a mild correction phase. As of mid-June, the price was around $0.08-$0.09, below its peak (around $0.10+). The support level is located at the $0.07 area; if this level is broken, forecasts suggest a potential decline to around $0.067. On the upside, reclaiming $0.10 would be a bullish signal for restoring the uptrend.
It is noteworthy that KAS's options positions (as mentioned earlier) are extremely bullish—there are a large number of open call options and very few put options. This indicates that speculators are very confident, but it also means that any negative surprises (such as selling pressure from token unlocks or broader market declines) could have an outsized impact. Currently, the market structure of Kaspa still looks bullish on larger time frames, but holding the support around $0.08 is key to preventing a deeper correction.
The altcoin options market enters the remaining time this week with a bullish momentum, but also faces some significant tests. Many traders hold profitable bullish positions, and the question is whether macro and project-specific events can validate their optimism or bring unexpected turns.
CPI data is impressive, but the market has started to decline instead, with only a small drop. It seems that some profit-taking occurred as the market didn't rise after the news landed. Currently, there are no other negative factors, and the fundamentals are fine, so this is just a normal small correction that shouldn't be overly concerning. Currently, multiple indicators are at high levels, increasing the probability of intra-day fluctuations, and spot can be held for a bit longer. The funding rate in the Bitcoin futures market is very stable or low, indicating that this wave was pushed up by spot buying rather than leverage, which is a healthy trend, so the probability of continued upward movement is high.