These 4 altcoins are showing strength as Bitcoin holds above $105,000.

Bitcoin (BTC) is forming a Doji candle on the weekly chart — a typical sign of the struggle between bulls and bears. Although the short term trend remains uncertain, analysts maintain a positive outlook on price prospects for 2025, expecting Bitcoin to rise to the zone between $140,000 and $270,000.

One factor supporting market sentiment is that geopolitical tensions between Israel and Iran have not triggered a wave of panic selling. According to data from Farside Investors, Bitcoin spot ETFs in the US saw a net inflow of $86.3 million on Thursday and $301.7 million on Friday, bringing the total capital flow for the week to an impressive $1.37 billion.

Notably, although the price of BTC is accumulating just below the historical peak, none of the 30 "bull market peak" indicators monitored by CoinGlass are signaling to sell. On the X platform, renowned trader Cas Abbe reveals that quantitative models are currently predicting the target price in this cycle to be between $135,000 and $230,000.

So can Bitcoin conquer the zone $110,500 and lead to the rise of altcoins? If that scenario happens, below are the cryptocurrencies that are showing clear strength on the chart.

Technical Analysis of BTC

Bitcoin has found support at the simple moving average (SMA) 50 days at $103,604 on Friday; however, the bulls are struggling to push the price above the exponential moving average (EMA 20) 20 days at $106,028. This indicates that buying strength in the high price zone remains weak.

BTC/USDT daily chart | Source: TradingViewThe 20-day EMA is moving sideways and the relative strength index (RSI) is fluctuating around the neutral level, indicating that neither the buyers nor the sellers have gained the upper hand. If buyers can push the price above the 20-day EMA, the BTC/USDT pair could rise to the resistance zone of $110,530 – $111,980. The bears are expected to defend this zone vigorously, but if the bulls gain the upper hand, the price could surge to the $130,000 level.

On the contrary, if the price breaks through the 50-day SMA, the important psychological level of $100,000 may be tested. If this level is breached, the downward momentum could pull the price back to the zone of $93,000.

BTC/USDT 4-hour chart | Source: TradingViewOn the 4-hour chart, the bears are trying to halt the recovery right at the EMA 20 line. If the price sharply reverses and breaks below the $104,000 mark, the short term advantage will tilt towards the bears. At that point, the price may slide down to $102,664 and then continue towards the $100,000 mark – where strong buying power is expected.

On the contrary, if the bulls push the price above the 50 SMA, the trend may reverse, with the next target being the zone $110,530.

Technical Analysis of HYPE

The bulls are struggling to hold the price of Hyperliquid (HYPE) above the $42.50 threshold, indicating that the bears are actively operating in the high zone.

HYPE/USDT daily chart | Source: TradingViewThe 20-day EMA ($36,96) trending upwards indicates that the advantage is leaning towards the bulls, but the negative divergence on the RSI indicator suggests that the upward momentum is showing signs of slowing down. If the price breaks out and closes above $44, the divergence signal will be invalidated, opening up the opportunity for a rise to $50.

However, if the price reverses and breaks through the 20-day EMA, it could signal profit-taking pressure from the bulls, leading to a deep correction to $32.50, or even $30.50.

The HYPE/USDT chart on the 4-hour timeframe | Source: TradingViewCurrently, the correction is receiving support at the SMA 50 line on the 4-hour chart, indicating that lower prices are still attracting buying pressure. If the price surpasses the EMA 20, the HYPE/USDT pair could rise to $42.78 and then move towards $44. The uptrend will be reinforced if the price exceeds the $44 threshold.

Conversely, if the price breaks below the SMA 50 line and closes under this threshold, it will be a sign that the bulls have given up, which could lead to a wave of sell-offs and push the price back to the upward trend line. This will be an important support in the short term – if this line is broken, the price could plummet to $30.50.

Technical Analysis of BCH

Bitcoin Cash (BCH) has risen from the 50-day SMA ($403) on Friday, however, the bulls are facing strong resistance at the $462 level.

Daily BCH/USDT chart | Source: TradingViewThe upward sloping moving average along with the RSI above the neutral zone indicates that the main trend is still upward. If buyers can break through the resistance zone of $462, the BCH/USDT pair may target the $500 mark.

On the contrary, the 50-day SMA is an important support zone to watch. If this level is broken, the price could drop to $375. This will be the zone where the bulls try to halt the deep decline. If successful, the price could enter a consolidation phase within the range of $375 to $462.

BCH/USDT 4-hour chart | Source: TradingViewCurrently, the price has approached resistance at $462 – where bears are expected to increase pressure. If buyers do not allow the price to drop below $450, the chance of breaking through the $462 level will increase. At that point, BCH could accelerate towards $500.

On the contrary, if the price is strongly rejected by the $500 zone, it may reverse towards the moving averages. If the price bounces back from there, the bulls will again try to break above $462. However, the short term trend will lean towards the bears if the price breaks below the 50-period SMA.

Technical Analysis of AAVE

Aave (AAVE) broke above the resistance level of $285 on Tuesday, but the bulls could not maintain the higher price.

Daily chart of AAVE/USDT | Source: TradingViewThe price has sharply reversed from the $325 mark on Wednesday and has currently retreated to the 20-day exponential moving average (EMA) at $269. If the price strongly rebounds from the 20-day EMA, the bulls will attempt to push the AAVE/USDT pair above the $325 resistance. If successful, this currency pair could soar to the $380 zone.

On the contrary, if the price breaks below the 20-day EMA, AAVE may fall to the uptrend line. The bulls are expected to defend this trend line vigorously. If the price turns up from the trend line and rises above the 20-day EMA, the bulls will again aim for the $325 mark.

AAVE/USDT 4-hour chart | Source: TradingViewOn the 4-hour timeframe, the 20-period EMA is trending down and the RSI has fallen into the negative zone, indicating that the bears are in control. AAVE currently has support at $261, but if this level is breached, the price could continue to plummet towards the upward trend line.

The first positive signal will be when the price surpasses and closes above the EMA 20 line. This could open up the opportunity to rise to $291 and then $309. However, the zone from $309 to $325 is expected to be the area where the bears will defend fiercely.

Technical Analysis of OKB

OKB has been trading in a descending parallel channel for several days. The bulls tried to push the price above the descending channel on Wednesday, but the bears held their ground.

OKB/USDT Daily Chart | Source: TradingViewA small advantage for the bulls is that they have not let the price fall below the support level of $49, indicating that buying pressure still appears whenever the price adjusts. If the bulls push the price above the moving averages, the OKB/USDT pair may advance towards the upper resistance zone. Continuously testing a resistance level often weakens it. If the bulls break through this resistance, OKB could rise to $56 and then $60.

However, this positive scenario will be invalidated in the short term if the price reverses and breaks below the support zone of $49. At that point, the currency pair may continue to be trapped in the descending parallel channel for a few more days.

OKB/USDT 4-hour chart | Source: TradingViewThe bulls are trying to initiate a recovery wave, but the bears are defending at the 20-period EMA line on the 4-hour chart. If the price turns down from the 20 EMA line and breaks below the $51 level, it indicates that the bears are still in control of the market. At that point, OKB could plunge to the $49 level.

On the contrary, if the price rises above the moving averages, it signals that the bears are gradually losing control. At that point, the probability of the price rising to the resistance level will be higher — this will be a level to watch closely. If the price breaks through the resistance level, it could be a signal for a trend reversal.

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