Bitcoin’s Surge to $120K Sparks Explosive Gains in ETH, HYPE, UNI, and SEI!

<a href="https://jpyxx.com/btc-usd/">Bitcoin</a> $120K expectations add fuel to <a href="https://thbusd.com/eth-usd/">ETH</a>, <a href="https://thbusd.com/hype-usd/">HYPE</a>, <a href="https://thbusd.com/uni-usd/">UNI</a> and <a href="https://thbusd.com/sei-usd/">SEI</a>

Key points:

  • Bitcoin remains strong as long as it stays above $110,530.

  • The surge in Bitcoin reaching unprecedented peaks is sparking interest and investment in certain alternative coins like Ethereum, Hype, Uniswap, and SEI.

As a crypto investor, I’ve been witnessing an extraordinary surge in Bitcoin (BTC) value, breaking through the $118,800 mark on Friday, a clear sign of continued buying by the bulls and forced closing of short positions by the bears. Data from CoinGlass reveals that approximately $570 million worth of BTC short positions were liquidated just Thursday alone.

On Thursdays, US Bitcoin exchange-traded funds experienced one of their second-biggest single-day investments totaling $1.17 billion, as per Farside Investors’ data. This indicates that these institutional investors anticipate the upward trend in Bitcoin to persist.

According to market analyst Axel Adler Jr in a recent post on X, an examination of the Market Value to Realized Value (MVRV) oscillator and its historical data for the past 4 years indicates that distribution begins when the MVRV reaches approximately 2.75. This translates to around $130,900 in Bitcoin value.

Is it possible for Bitcoin’s upward trend to continue, potentially lifting certain alternative coins as well? Let’s examine the graphs of the top 5 cryptocurrencies showing promising trends.

Bitcoin price prediction

On Thursday, Bitcoin formed a bullish reversal pattern known as an inverse head-and-shoulders (H&S), by surpassing the resistance level at the neckline.

As a crypto investor, I often notice that following a breakout from a pattern, the price tends to dip and revisit the breakout point. If the BTC/USDT pair bounces back from the neckline, it’s a sign that the bulls have successfully converted the level into support. This strengthens the possibility of the upward trend persisting towards the pattern’s target of $150,000.

If the graph shows a drop and falls beneath the support line (neckline), it indicates that investors are cashing out at elevated prices. This move gives an advantage to the bears, who need to push the price below their 50-day moving average ($106,981) to maintain control.

Initially, the cost dramatically increased past $110,530 and surpassed the neckline. The strong upward momentum has caused the relative strength index (RSI) to enter the zone of being overbought on the 4-hour chart. This increases the likelihood of a brief correction or consolidation in the near future. If the price continues above the neckline, the upward trend might potentially reach $123,000.

If the price plummets significantly in the short-term and falls below the $110,530 level of support, this upbeat outlook is likely to be proven incorrect.

ETH price prediction

On Tuesday, Ether (ETH) saw a strong surge, breaking past its 20-day Exponential Moving Average at approximately $2,613. By Thursday, it managed to overcome the resistance level of $2,879 and kept climbing.

The 20-day Exponential Moving Average (EMA) has risen, along with the Relative Strength Index (RSI) being in the overbought area, suggesting that the bulls currently hold dominance. There’s a slight barrier at $3,153, but if this hurdle is surpassed, the Ethereum-to-Tether pair might climb to around $3,400, and potentially even reach $3,750 afterward.

Initially, there’s reinforcement at the price level of $2,879, followed by another one at $2,733. For the sellers to catch the enthusiastic buyers off guard, they must drive the price below $2,733. However, as long as this doesn’t happen, each small decline is expected to be perceived as a chance for purchase.

On a 4-hour scale, the Relative Strength Index (RSI) has surged into the overbought region, hinting at a potential short-term pause or correction. This could cause the pair to retreat to approximately $2,879, a point where traders anticipate increased buying activity. If the price reacts strongly when it hits $2,879, it may suggest that the bulls are aiming to transform this level into a new support. Such a move would boost optimism for the resumption of the upward trend.

If the price drops below $2,879, short-term investors might decide to sell (book profits) and potentially cause a further decline in the market, possibly pushing it towards the 20-Exponential Moving Average (EMA).

HYPE price prediction

On Tuesday, Hyperliquid (HYPE) bounced back from its 50-day Simple Moving Average priced at $37.66 and gained speed following its break over the 20-day Exponential Moving Average priced at $39.69.

With the 20-day Exponential Moving Average trending upward and the Relative Strength Index approaching overbought levels, it appears the market’s natural direction is heading upwards. If buyers manage to keep the price above $45.80, the Head and Shoulders pattern will not materialize, which would be a positive sign for the market. The failure of a bearish setup often signals a bullish trend, potentially pushing the price up to $50 initially, and later even to $60.

To halt the upward trend, sellers might need to lower the price under the 50-day Simple Moving Average (SMA). This could potentially cause a drop in the HYPE/USDT pair, reaching around $30.70.

In simple terms, the duo is observing a challenging struggle between bulls and bears at the $45.80 mark. If the price decreases, it’s probable that it will encounter support at the Fibonacci retracement level of $42.83 (38.2%) and then at the 20-day Exponential Moving Average. A robust rebound from the 20-EMA could enhance the chances of a surge above $46.46. The pair might then escalate to $50.

Instead, when there’s a drop and a break under the 20-Exponential Moving Average (EMA), it indicates that buyers are taking their gains. The price could potentially fall towards the 50-Simple Moving Average (SMA) and then reach $37.

UNI price prediction

Uniswap (UNI) is showing signs of a possible shift in its trend as it consistently hits new highs followed by new high lows.

The two moving averages are increasing, suggesting that buying activity is stronger than selling. Additionally, the RSI (Relative Strength Index) shows a positive trend, meaning buyers hold the advantage. At $8.64, there’s resistance, but if the price can surpass this level, it could potentially lead to a rise towards $10.36. Sellers might attempt to halt this upward momentum at $10.36, but if buyers successfully keep the price above $8.64 during any potential downturn, the UNI/USDT pair may surge as high as $13.

If the price declines significantly and falls below the 50-day Simple Moving Average (SMA) of $7, this optimistic perspective may no longer hold true.

The duo has breached the $8.64 barrier, indicating a persistent upward trend. Should the price remain higher than $8.64, there’s potential for it to climb up to approximately $10.

As an analyst, I anticipate that sellers may be plotting alternative strategies. They’re likely to attempt pushing the price downwards, aiming to dip it below the $8.64 breakout level. If successful, this could trigger a slide towards our 20-Exponential Moving Average (EMA). However, should the pair exhibit a robust rebound from the 20-EMA, it’s a clear sign of buying interest in dips. In such a case, the bulls will strive to reinstate the uptrend.

As an analyst, I anticipate that a decline in price and breaking below the 20-Exponential Moving Average (EMA) could potentially spur increased selling activity. This downward trend might push the pair towards the 50-Simple Moving Average (SMA).

SEI price prediction

On Thursday, SEI noticeably increased above its 20-day Exponential Moving Average ($0.26), and it’s now encountering the resistance level at $0.34.

1) With the 20-day Exponential Moving Average ascending and the Relative Strength Index indicating a buying opportunity (in overbought territory), it seems advantageous for buyers. If we manage to break through the resistance at $0.34, it may initiate the next phase of the uptrend potentially targeting $0.44.

If the value decreases from $0.34 but holds at $0.29, this indicates that buyers are still optimistic and may attempt to push the SEI/USDT pair beyond its current resistance. For sellers to gain control again, they must force the price below the 20-day moving average.

On the 4-hour graph, the pair has burst free from its previous range between $0.24 and $0.34, yet the bulls are finding it tough to sustain the higher positions. The Relative Strength Index (RSI) indicates that we might expect a pullback or consolidation in the short term due to being overbought. If the price rallies from its current position or bounces off the $0.31 support, the bulls will attempt to push the pair up toward $0.44 again.

Instead of that, if there’s a drop and a breach under $0.31, it might push the pair down to around $0.29. This implies that the pair could stay within the $0.24 to $0.34 range for a bit more time.

Read More

2025-07-11 21:27