News View Non-AMP

Ethereum and Altcoins Gear Up for Breakout While Bitcoin Eyes $110K

Published by
Anjali Belgaumkar

The crypto market is picking up again. The total market value has risen to $3.55 trillion, up more than 1% in the last day. Bitcoin is trading near $105,000, and Ethereum is holding around $3,500. The overall mood in the market is turning positive after weeks of quiet trading.

Analysts See Altcoins Getting Ready to Move

Crypto analyst Michael van de Poppe says the altcoin market is showing signs of life again. He believes the long-term trend is still upward and that new highs could come by 2026. Ethereum, he added, is at an important support level and could start to rise faster than Bitcoin once it clears short-term resistance.

If Bitcoin breaks above $110,000, it could push the whole market higher. Van de Poppe expects altcoins to benefit the most when that happens.

Big Picture: Market Confidence Is Returning

News that the U.S. government shutdown may soon end is helping investors feel more confident about riskier assets, including crypto. According to analysts, that shift could attract more institutional investors, large funds and companies, into the space.

“We haven’t really seen the full bull run yet,” said van de Poppe. “If institutions keep buying, the next phase could be much stronger than most expect.”

Altcoins Showing Strength Across the Board

Several altcoins are flashing bullish signals.

  • Arbitrum (ARB) shows a strong reversal pattern and could see a 200% move against Bitcoin, driven by high activity in the Ethereum Layer-2 space.
  • Sei (SEI) continues to hold firm support and looks poised for a breakout.
  • NEAR Protocol (NEAR) gained over 50% in a week and now targets the $5 zone after breaking resistance.

Van de Poppe summed it up: “Altcoins are bottoming out. This quarter could surprise everyone who thought the rally was over.”

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

ZEC Price Jumps 16% as Ironwood Security Verification Fuels Bullish Momentum

The ZEC price came roaring back on July 7, climbing 16% intraday after rebounding from…

July 7, 2026

ONDO Price Eyes Breakout as Ondo Perps Launch Adds New Utility

The ONDO price has spent months frustrating impatient traders, but the latest ecosystem upgrade is…

July 7, 2026

Tether Invests $20M in Mercado Bitcoin

Tether, the issuer of the world's largest stablecoin, USDT, is making another major expansion move.…

July 7, 2026

Alphractal CEO Warns: Crypto Market Faces Liquidation Risk as Excess Long Positions Raise Correction Fears

The crypto market may be sitting on a fragile foundation. According to a recent market…

July 7, 2026

Near Protocol (NEAR) Price Prediction 2026, 2027 – 2030: NEAR Price To Record 2X Surge?

Story Highlights The live price of the Near Protocol token is . Price predictions for…

July 7, 2026

BMNR Stock Price Outlook: Can BitMine’s Ethereum Bet Trigger a Rally to $24?

Wall Street’s growing appetite for Ethereum-linked companies is giving BMNR stock a fresh catalyst. BitMine…

July 7, 2026