Shopping for Altcoins?

Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it’s not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season. The key takeaway? Smart money is already positioning itself in altcoins showing clear accumulation patterns, ready to ride the next wave of this bull market.

Three standout altcoins—NEAR Protocol (NEAR/USDT), Cosmos (ATOM/USDT), and Polkadot (DOT/USDT)—are presenting high-conviction setups, deeply rooted in Wyckoff accumulation principles. While each chart tells its own story, the common thread is clear: these assets aren’t just about technical perfection—they’re blueprints for long-term profit in a market where the real altcoin bull run has barely begun.

1. NEAR Protocol: A Masterclass in Strength

NEAR’s chart is practically a textbook Wyckoff accumulation, featuring a clean Springand strong progression into the Signs of Strength (SOS) phase. With its powerful momentum, NEAR leads this pack of altcoins ready to explode.

Key Wyckoff Characteristics

• Spring at $3.50 (marked on the chart): A textbook liquidity grab below support that trapped weak hands before reversing sharply.
• SOS Above $5.80: The breakout above this key level with significant volume (green spikes near $5.80 on the chart) signals Phase D is well underway.
• Confluence of MAs: The 50-day MA closing in on the 200-day MA for a Golden Crossprovides further confirmation of bullish momentum (noted near $5.80 support).

Bullish Volume Dynamics

• High-Volume Confirmation: NEAR’s retest of $5.25 saw significant buying interest, as shown by the tall green volume bars—a strong indicator of institutional demand.

 

End-of-Cycle Targets

With NEAR consolidating below $6.49 (range top), a breakout here sets up immediate targets of $9 and $10+. Looking further, if the bull market unfolds as expected, NEAR could stretch to $15–$18, aligning with Fibonacci extensions and historical altcoin patterns in prior cycles.

2. Cosmos (ATOM): The Patient Bull

Cosmos takes a slower, more methodical approach to Wyckoff accumulati

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Author: Michal D. Ciesla

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