Crypto Analyst Bluntz Says Altcoins Appear Primed to Skyrocket Over the Weekend

In a new strategy session, pseudonymous crypto trader Bluntz tells his 299,900 followers on the social media platform X that altcoin/Bitcoin (BTC)

Cryptocurrency strategist Bluntz believes that altcoins are poised to surge this weekend.

The pseudonymous analyst tells his 299,900 followers on the social media platform X that altcoin/Bitcoin (BTC) pairs are showing bullish signs.

Bluntz says, “The best-case scenario is that BTC trades sideways for a week while alts rally in turns over the weekend. Many alt/BTC charts suggest that this scenario is likely.”

Bluntz highlights several top layer-1 blockchains, including Ethereum (ETH), BNB Chain (BNB) and Sei (SEI), that could benefit from Bitcoin’s sideways price action.

Bluntz says, “It should be a good weekend for layer-1s. SEI, NEAR, INJ, BNB, hell even ETH look good in USD and more importantly BTC pairs.”

According to the strategist, Near Protocol (NEAR) is on the cusp of skyrocketing.

Bluntz says, “Not only has the NEAR/USD pair already broken out, but NEAR/BTC is also breaking out now. The sending is about to happen.”

At the time of writing, NEAR is trading at $6.87, up 1% in the past 24 hours.

Other digital assets that Bluntz says are on the verge of breaking out include popular meme asset Dogecoin (DOGE) and decentralized exchange (DEX) platform Jupiter (JUP). Bluntz believes that JUP is set to reach a new all-time high this cycle.

Bluntz says, “Even though JUP is up 100% from the lows, it looks like it's been accumulating for six months, and the real price increase phase hasn't even started yet. I have no doubt that this will reach new all-time highs before this cycle is over. Many SOL [ecosystem] coins look like this.”

At the time of writing, JUP is trading at $0.00087, down 9.1% on the day.