🚀 Ethereum & Altcoins Poised for Explosive Rally as Bitcoin Targets $110K Milestone

Markets are buzzing as Ethereum and altcoins show classic breakout patterns while Bitcoin flirts with six-figure territory. Here's why traders are scrambling to reposition.

The setup: ETH's consolidation near all-time highs mirrors 2021's pre-bull run structure—except this time, institutional wallets are loading up.

Altcoin domino effect: Solana and BNB lead the charge with 30% weekly gains as DeFi TVL quietly surpasses November 2021 levels (but sure, keep calling it 'dead').

Bitcoin's $110K gambit: The king crypto's 20% November surge smells like a liquidity grab before CME futures expiry—typical Wall Street games, just with more laser eyes.

Will this be the run that finally makes your uncle regret mocking your 'magic internet money' talk at Thanksgiving? Place your bets.

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.”