- Bitcoin hovers just below its all-time high, with analysts predicting a surge toward $146K if key resistance is broken, while Ethereum and HYPE lead altcoins in a renewed rally.
- Meanwhile, XRP, Solana, and Chainlink are approaching critical levels that could trigger significant upward momentum if bulls maintain control.
The crypto market is heating up fast, and June 11’s price action reveals a pivotal moment for Bitcoin and major altcoins like Ethereum, XRP, and Solana. With BTC hovering near its all-time high and altcoins flashing bullish signals, the stage may be set for an explosive rally—if key levels hold.
Bitcoin Bulls Eye $146K as Sentiment Swells
Bitcoin (BTC) continues to flirt with record territory, holding strong near $110,000 after a brief breakout above $109,588. Analysts from Bitwise suggest BTC could reach a “fair value” of $230,000 by year-end, citing fiscal instability and renewed optimism. A successful breakout above $111,980 would activate a bullish inverted head-and-shoulders pattern targeting $146,892.
Also read: BNB Price Outlook: As BSC Perps Surge 800%, Is Binance Coin the Next Big Crypto Bet?
Ethereum, HYPE Take the Lead in Altcoin Action
Ethereum (ETH) closed above the $2,738 resistance, with bulls eyeing a potential climb toward $3,153. Momentum is also building behind Hyperliquid (HYPE), which broke out of a symmetrical triangle and pushed past $42.25. HYPE could now test $50, with strong dip-buying expected between $40–$42.
XRP, SOL, ADA at Make-or-Break Levels
XRP is range-bound between $2 and $2.65, but a breakout above $2.65 could ignite a rally toward $3. Solana (SOL) is consolidating between $140 and $185; a breakout above $185 opens the path to $220. Meanwhile, Cardano (ADA) aims to conquer its downtrend line, with a breakout potentially sending it to $1.03.
DOGE, SUI, and LINK: Quiet Builders or Next Movers?
Dogecoin (DOGE) remains trapped between $0.14 and $0.26, but a move above resistance could catapult it to $0.38. Sui (SUI) is battling to reclaim its 50-day SMA, with $4.25 as the breakout target. Chainlink (LINK) smashed through its descending channel and could accelerate to $18–$20—unless $13.20 fails to hold.
The Bottom Line
Bitcoin’s resilience near its all-time high is lifting altcoin sentiment across the board. But with resistance zones approaching, the next few days could determine whether crypto enters a full-on bull phase—or stalls once again.