Altcoins Like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Are Breaking Out, Signalling the Start of a New Cycle

Bitcoin nearing $100K, analysts predict altcoins could rally 100–250%, marking the beginning of a potential altcoin season.

Several altcoins, including Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR), are showing strong signs of breaking out of long-term resistance, signaling the start of a major breakout cycle.

As Bitcoin (BTC) edges closer to the $100K level, attention is now turning to the altcoin market. Analysts are spotting interesting formations that could herald the beginning of a potential altcoin season.

With key technical patterns like the cup and handle and inverse head and shoulders emerging on higher timeframes, the recent consolidations appear to be serving as accumulation zones for a larger upside move.

Major Altcoins Breaking Long-Term Resistance

Top altcoins, including ETH, DOGE, SOL, NEAR, Kaspa (KAS), Fantom (FTM), Cardano (ADA), and Sonic (S), are displaying significant breakout signals. For instance:

The implication is clear: this signals the commencement of a full-fledged altcoin season.

If Bitcoin manages to sustain above key levels and the market sentiment remains bullish, then altcoins could rally by 100–250% from their current prices.

Some altcoins, like KAS, could potentially retrace 60% of their previous bear market losses, which started in late 2021.