Historical experience repeatedly verifies: the market punishes those traders who repeatedly jump back and forth. Just last week, Ethereum (ETH) finally ended its months-long dormant period, and its breakthrough trend not only indicates ETH's own upward potential but also releases a strong signal - Altcoin Season is about to be fully launched.
These high-volatility assets often "hesitate when falling and surge when rising". Currently, I am actively adjusting my positions to prepare for the potential Altcoin surge.
VX: TZ7971
Key Technical Points:
Bitcoin (BTC): If it can maintain $100,000, it is expected to trade between $140,000 and $160,000 in the near future.
Ethereum (ETH): Breakthrough in the bull market range. ETH shows relative strength, recently breaking through a long-term consolidation zone - the resistance around $2,800 that has limited its rise for weeks. As of this week, ETH is trading in the middle area of over $3,000. The trend is upward, forming higher lows, and momentum is improving.
Support is currently around $2,800 (the top of the old range, which should serve as a bottom during pullbacks), while the next major upside target is around $3,800. A close above $3,800 will signal a new upward impulse (potentially heading to $4,000), while falling below $2,800 will be a warning signal. However, so far, ETH's market structure looks strong - it is creating higher highs and is driven by positive sentiment.
XRP (Ripple): Testing major resistance. XRP is currently trading around $2.30 and approaching an important resistance zone. The coin managed to hold a solid support range of $2.20-$2.30 during recent declines. If XRP can hold this bottom and break through around $2.50, it might rebound to the $3.00 level (a level not seen in months). The $2.50 barrier has repeatedly stopped upward attempts, so breaking this area would be a bullish statement. The real test will be whether it can break above the $2.50 top to continue rising.
Solana (SOL): Strong rebound, slight pullback. SOL recently rose to around $158-160, a major resistance zone where sellers have frequently appeared. The asset formed a short-term Double Top near $159, then quickly pulled back to the $150 low.
Crucially, $150 served as support - Solana rebounded from this level, maintaining its upward trend. Looking forward, breaking $160 would be very bullish, potentially opening the next target of $178. In the broader context: Solana remains on a trajectory of higher highs and higher lows, but needs to clearly break $160 to resume its upward movement.
ApeCoin (APE): Range-bound consolidation. APE (currently around $0.70) has been sideways oscillating since its spring rebound. In recent weeks, it has been fluctuating between support at around $0.675 and resistance at $0.735. This narrow oscillation reflects hesitation - neither bulls nor bears have gained the upper hand recently.
APE's trend on the short-term chart is neutral (moving averages are flat, volatility is low). Breaking around $0.74 would be the first bullish signal, potentially allowing it to retest the May high near $0.78. Conversely, falling below $0.675 might signal further weakness, with the next support at around $0.59. Traders are waiting for a clear break from this range before deciding direction.
Kaspa (KAS): Uptrend faces supply test. KAS has been in a strong uptrend for most of 2025, though currently in a mild pullback. As of mid-June, the price is around $0.08-0.09, below its high point (over $0.10). Support is at the $0.07 multi/high area; if this level is broken, predictions show it might slide to around $0.067. On the upside, recovering $0.10 would be a bullish signal to resume the upward trend.
Notably, KAS's options positions (as previously mentioned) are extremely bullish - with a large number of unresolved call options and very few put options. This indicates speculator confidence but also means any negative surprises (such as selling pressure from token unlocks or broader market declines) could have an outsized impact. Currently, Kaspa's market structure remains bullish on a larger time frame, but holding support around $0.08 is key to preventing deeper pullbacks.
As the Altcoin options market enters the remaining time this week, it carries a bullish momentum but also faces some important 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.
The CPI data looks bright, but the market started to decline, though not significantly. It seems some profit-taking traders chose to exit as the market didn't rise. Currently, there are no negative factors, and the fundamentals are fine, so this is a normal small pullback that need not be worried about. Many indicators are currently at high levels, increasing the probability of intraday oscillation. Spot positions can be held. The current Bitcoin contract market's funding rate is very stable or slightly low, indicating this rise was driven by spot buying, not leverage, which is a healthy trend, so the probability of continued upward movement is high.
