Veteran trader Peter Brandt shared his take on the current state of Ethereum (ETH), suggesting it’s poised for a breakout. Although Brandt did not explicitly mention this, his ETH daily bar chart spoke for itself. Based on the trader’s chart, the Ethereum price has been consolidating over the past three weeks, forming a symmetrical triangle,
The crypto market is showing fresh signs of life beyond Bitcoin. As BTC hovers just below $120,000, altcoins like Ethereum, Dogecoin, XRP, and Solana are gaining strong momentum. This shift is happening as traders look for new opportunities and investors bet on projects with strong real-world connections.
Altcoins Join the Party
Ethereum jumped to $3,793, its highest price since early 2022. The rise is being driven by strong interest from institutions, especially in new Ethereum-based treasury products and ETF flows. With this recent push, Ethereum has gained 25 percent in just one week. Traders are also seeing the ETH to BTC ratio rise, which means Ethereum is starting to perform better compared to Bitcoin.
Dogecoin is another standout this week. It shot up by more than 9 percent in the last 24 hours and is now up over 33 percent for the week. It’s trading at around 27 cents, the highest it’s been in over a year. Traders are showing more interest in riskier assets again, which is helping coins like Dogecoin.
Meanwhile, apart from ETH and Doge, XRP is also making a move priced around $3.55 with a 4% gain, while Solana jumped to $189. Cardano and BNB also posted gains of over 3 percent. Analysts say Bitcoin’s dominance is falling, down from 66% in June to just under 62 percent now, which suggests traders are rotating their money into altcoins.
Is This Alt Season?
Most alt seasons only last 1–2 months. Until #Bitcoin dominance breaks down and trends lower, don’t expect a true alt run.
Alts pump when #BTC is breaking out but once it chops or corrects, dominance returns and gains vanish fast.
Meanwhile, Crypto analyst VirtualBacon cautions that true altcoin seasons are usually short-lived, lasting only 1–2 months. He explains that altcoins typically rally when Bitcoin is breaking out, but once Bitcoin slows down or corrects, its dominance rises again, causing altcoin gains to quickly disappear.
Real-World Use Cases Catch Investor Attention
However the trend of capital flow from BTC to Alts is not new. A big reason for this rotation is the growing interest in real-world asset tokenization. This includes turning things like treasury bonds, credit, and real estate into blockchain-based tokens. The total value of tokenized real-world assets has now crossed $24 billion. Big financial players like BlackRock and JPMorgan are already exploring this space.
New Laws Could Help Altcoins Grow More
There’s also hope that new U.S. laws could make it easier for altcoins to grow. The GENIUS Act, which focuses on stablecoins and digital asset taxes, is still being discussed in Congress. Even though it didn’t pass this week, its progress shows that clearer rules are coming.
In short, the market is changing. Bitcoin is still strong, but more traders are looking at Ethereum, Dogecoin, and real-world crypto projects as the next big opportunity.
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The crypto market is showing fresh signs of life beyond Bitcoin. As BTC hovers just below $120,000, altcoins like Ethereum, Dogecoin, XRP, and Solana are gaining strong momentum. This shift is happening as traders look for new opportunities and investors bet on projects with strong real-world connections. Altcoins Join the Party Ethereum jumped to $3,793, …
US spot Ethereum exchange-traded funds (ETFs) recorded a historic daily net inflow of $726 million on Wednesday, signaling robust institutional interest in Ethereum as the altcoin market gains strength. The investment vehicles shattered the previous record that stood at $428 million, set on December 5, 2024, as ETH soared to levels not seen since January
Meme Coins To Watch Today include Test Token (TST), Vine (VINE), and Broccoli 714 (BROCCOLI), each showing high volatility and intense trading activity.
TST surged in volume by nearly 65%, gaining traction despite its origins as a tutorial token. VINE is under pressure, with a volume/market cap ratio over 125%, signaling heavy speculation. Meanwhile, BROCCOLI is down 10% amid rumors of its discontinuation, though the lack of an official statement has left traders uncertain and on edge.
Test Token (TST)
Launch Date – February 2025
Total Circulating Supply – 900 Million TST
Maximum Supply – 1 Billion TST
Fully Diluted Valuation (FDV) – $64.5 million
TST, originally launched on BNB Chain as a demonstration token for a meme coin tutorial using the four.meme platform, has unexpectedly gained real trading momentum.
In the past 24 hours, its volume surged nearly 65%, hitting $50.75 million.
Despite a broader dip in BNB Chain’s weekly DEX activity (down 21.14%), the network still ranks as the third-largest chain by DEX volume over the past seven days, trailing only Solana and Ethereum with $6.2 billion.
On the technical side, TST recently attempted to break past the $0.070 resistance level but failed to hold above it.
A successful retest could clear the way for a push toward $0.072 and potentially $0.0865.
However, support at $0.0648 remains crucial—if that breaks, TST risks falling back to $0.060.
Vine (VINE)
Launch Date – January 2025
Total Circulating Supply – 1 Billion VINE
Maximum Supply – 1 Billion VINE
Fully Diluted Valuation (FDV) – $35.25 Million VINE
VINE has dropped nearly 7% in the last 24 hours, with trading volume hitting $44 million—surpassing its market cap of $34.7 million and pushing the volume/market cap ratio to a staggering 125.72%.
This high ratio suggests intense speculative activity and rapid token turnover, but also signals potential volatility ahead.
With such imbalance, price swings in either direction could be sharp and sudden depending on sentiment shifts and liquidity.
If this bearish signal plays out, the token could fall to key support at $0.0324, and a breakdown from there may drag it further to $0.0287 or even $0.0262.
However, if buyers step in and reverse the current downtrend, VINE may test resistance at $0.0389. A strong breakout above that level could open the path to $0.0424 and potentially $0.0482.
Broccoli 714 (BROCCOLI)
Launch Date – February 2025
Total Circulating Supply – 1 Billion BROCCOLI
Maximum Supply – 1 Billion BROCCOLI
Fully Diluted Valuation (FDV) – $27.47 Million
BROCCOLI, one of the most talked-about meme coins on BNB Chain in recent months, has been down 10% in the last 24 hours due to controversy surrounding its development.
A post from an account claiming to be the project’s CTO stated that BROCCOLI 714 would be discontinued due to various challenges.
However, many in the community believe the post may result from a hack, especially since no official announcement has come from the BROCCOLI team. This uncertainty has fueled panic and accelerated the sell-off.
From a technical perspective, if bearish momentum continues, BROCCOLI may test support at $0.025—and if that level breaks, further downside to $0.022 becomes likely.
Conversely, a reversal fueled by clarification or a positive update could drive a recovery toward the $0.0292 resistance.
A breakout above that may pave the way for gains to $0.032 and potentially $0.034.