🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
Altcoin Breakout Cycle Gains Momentum as Bitcoin Nears $100K
As Bitcoin approaches the long-anticipated $100,000 mark, investor attention is rapidly turning toward the altcoin market, where signs of a major breakout cycle are emerging. Analysts suggest that as Bitcoin’s dominance begins to wane, capital is rotating into altcoins, sparking fresh momentum across the sector.
Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), NEAR Protocol (NEAR), Kaspa (KAS), and Fantom (FTM) are leading the charge, all breaking out of long-term resistance levels. Market sentiment has shifted notably in recent weeks, as altcoins begin to form bullish technical patterns such as the cup and handle and the inverse head and shoulders — formations often associated with strong upward moves.
Ethereum has surged past key trendlines and now sets its sights on the $3,200 zone. Solana is advancing toward the $220 to $230 range, while Dogecoin has cleared the $0.18 threshold, signaling renewed buying interest. NEAR, KAS, Cardano (ADA), and the emerging Sonic (S) token are also demonstrating strong setups, with several completing successful retests of former resistance levels and now turning those into support.
KAS in particular is forming a textbook bull flag pattern, while Sonic has executed a clean breakout following its retest — a classic bullish signal.
Analysts believe this could mark the onset of a sustained altcoin season. If Bitcoin manages to maintain momentum above its current support and sentiment continues to improve, altcoins could rally between 100% and 250%, recovering large portions of their losses from the last bear market. For many in the market, this moment is shaping up as the early phase of a broad-based crypto resurgence, with altcoins poised to reclaim the spotlight.