Three major potential alts in the altcoin zone: Pi Network, Hyperliquid, and Trump Coin

With XRP reaching a historic high, the sentiment in the altcoin zone is heating up. This article focuses on three potential Tokens: Pi Network, Hyperliquid (HYPE), and Trump Coin (TRUMP), analyzing their upward potential in July from a technical and market structure perspective, and exploring the rotation opportunities brought about by the decline of Bitcoin's dominance.

XRP Hits All-Time High, Igniting Alts Sentiment

The price of XRP broke through $3.66 last Friday, setting a new historical high, and then slightly retraced to $3.42, driving mainstream alts upward. Most of the top 50 cryptocurrencies are expected to rise in July, and investors are looking for the next wave of potential projects.

The altcoin season has not fully arrived yet, but the signs are clear

The definition of altcoin season is when over 75% of the top 50 tokens by market capitalization outperform Bitcoin for 90 consecutive days. Currently, the altcoin season index shows "altcoin month," with a value of 80 (out of 100), indicating that the market is entering a rotation phase, with funds gradually shifting from BTC to altcoins.

The current Bitcoin dominance is 61.61%, down nearly 4% from 66% at the end of June, indicating that market funds are flowing towards other Tokens, especially projects that have not yet risen with the market and have the potential for catch-up growth.

Three Altcoins Worth Noting: Pi Network, Hyperliquid, and Trump Coin

1. Pi Network (PI) The current price of PI/USDT remains above $0.44. If it breaks through the first resistance at $0.5281, it is expected to rise to $0.6667, an increase of nearly 50%. The MACD green momentum bar continues, indicating positive upward momentum. If a pullback occurs, the key support level is at $0.40, which is a potential liquidity replenishment area.

   

2. Hyperliquid (HYPE) HYPE is approaching two key resistance levels: $47 and $50, with current support at $42. Technical indicators show that upward momentum is strengthening, and a rebound of about 6% is expected in the short term.

   

3. Official Trump（TRUMP） The current price of TRUMP is $10.20, just 12% away from the key resistance of $11.45. If the daily closing price breaks through this level, it is expected to reach $12.25. If there is a pullback, the support level is at $9.27.

   

Market Structure: Institutional-led capital flow, alts are still in the early rotation phase

AMINA Bank investment manager Werner Brönnimann pointed out that Bitcoin breaking through $123,000 and a market capitalization of $4 trillion is a characteristic of a new cycle driven by institutional funds, unlike previous market trends dominated by retail investors. Despite the strong performance of Bitcoin, the altcoin season index remains at 43/100, indicating that the market is still in a "Bitcoin season." The AMINA crypto asset selection index (AMINAX), tracked by institutions, is still 29% below its historical high, which also reflects that alts have not yet fully exploded.

Conclusion: As XRP hits new highs and Bitcoin's dominance declines, the altcoin season is gradually approaching. Pi Network, Hyperliquid, and Trump Coin have become the market focal points, showing potential for explosive growth. Crypto users should pay close attention to the price structures and key technical levels of these coins to prepare for the upcoming rotation.