Bitcoin (BTC) has once again sent the crypto community into a frenzy, reaching a new all-time high (ATH) of nearly $119,000, with brief stops at $113,000 and $116,000. Yet, amidst the euphoria, a voice of caution has emerged from the depths of the market, a voice that echoes the wisdom of the ages.
Enter CrediBULL Crypto, a prominent analyst who, with a sardonic smile, warns traders not to chase the Bitcoin rally blindly. “The real treasure,” he proclaims, “lies not in the glittering halls of Bitcoin, but in the lesser-known corridors of altcoins.”
Why BTC FOMO Could Be Costly
With BTC currently soaring over 650% above its ideal accumulation zone, CrediBULL took to X to issue a stark warning:
“The big opportunity for gains is on ALTS, even if Bitcoin is the one that is ‘leading’ this move.”
He adds, with a hint of sarcasm, that anyone buying Bitcoin at this point should only do so for an active trade with a clear setup. “If you can’t identify a trade setup, then there is no reason to buy Bitcoin at these levels. There are much better opportunities in alts from a R/R perspective at current levels.”
His words resonate with a broader sentiment among key market voices, including the likes of former BitMEX CEO Arthur Hayes and the ever-entertaining YouTuber Crypto Rover. Hayes, who has reversed his previously bearish stance, likens the current market cycle to November 2024, when a major altcoin rally followed Bitcoin’s price surge.
“Get ready for a monster alt szn,” Hayes tweeted, signaling increased institutional confidence. The crypto entrepreneur also reported that his Maelstrom Fund is ramping up altcoin exposure, anticipating favorable political and macroeconomic shifts.
Observers have noted that the flagship cryptocurrency’s latest move is structurally different from past bull cycles. According to CryptoQuant, this rally isn’t driven by speculative angst but by strategic accumulation and restrained selling activity. Metrics like the MVRV ratio, currently at 2.2 (compared to over 2.7 in previous tops), SOPR, and MPI all hint at a sustainable rally with long-term potential. The drop in exchange balances, down over 21% in four months, suggests that holders are in no rush to exit their positions.
Altcoins on the Mend
Even as BTC continues its price discovery mode, Ethereum and several other altcoins are beginning to outshine it in percentage gains. ETH, for instance, has surged by more than 18% in the last seven days, outpacing Bitcoin’s 8.9% rise in the same period. It has reclaimed the $3,000 level and is now eyeing the $3,350–$3,500 range.
Meanwhile, Cardano (ADA) has pumped 23.7% over the week, reclaiming critical support at $0.64 and aiming for a return to $1. Hyperliquid (HYPE) is up nearly 19%, setting a new all-time high at $46.25 and targeting the $50 psychological threshold. Even Solana (SOL) is catching a bid, with prices climbing above $164 and showing potential for a rally beyond $180.
So, dear crypto enthusiasts, as you navigate the tumultuous seas of the market, remember: the path to riches may not always be the most obvious one. 🚀💰
Read More
- Jurassic World Rebirth Roars to Record-Breaking $300+ Million Opening: Can It Sustain the Hype?
- Top 8 UFC 5 Perks Every Fighter Should Use
- One Piece Episode 1135: Kuma’s Journey and Bonney’s Search for Truth – Release Date Revealed!
- Cyberpunk 2077 Patch Tier List
- USD ZAR PREDICTION
- Daemons of the Shadow Realm
- All Suits, Hats, and Masks in Death Stranding 2
- How to Get All 22 Bromides in Lunar 2: Eternal Blue
- Red Samurai’s True Identity in Death Stranding 2 Revealed by Kojima’s cryptic post
- Grow a Garden – Complete Pre-Historic Event Update Guide
2025-07-11 18:36