Trader Says Two Altcoins Looking ‘Solid’ Overall, Updates Outlook on BONK and Bitcoin
By: bitcoin ethereum news|2025/05/05 00:15:01
0
Share
A widely followed crypto analyst thinks that two altcoins have strong fundamental narratives while flashing bullish price action. Pseudonymous trader Altcoin Sherpa tells his 245,400 followers on the social media platform X that the native assets of Curve DAO (CRV) and Hyperliquid (HYPE) are among the few “solid” altcoins in crypto. Curve Finance is a stablecoin-focused ecosystem, specializing in the efficient and low-slippage trading of dollar-pegged crypto assets. Meanwhile, Hyperliquid is a layer-1 protocol serving a decentralized exchange (DEX). Says Altcoin Sherpa, “But if you’re an investor that relies on these types of fundamentals, there are a few good ones like CRV and HYPE, those charts look pretty solid overall .” At time of writing, HYPE is worth $20.55 At time of writing, CRV is worth $0.697. Turning to the memecoin Bonk (BONK), the trader says he plans to accumulate the altcoin at current levels. “Staying patient for BONK and would love to buy in the green box if it gives.” At time of writing, BONK is worth $0.0000164. As for Bitcoin, the trader says BTC looks bullish on the high time frame after the crypto king retested the $74,000 level as support. “Higher time frame view of BTC: higher low formed in that chop period, it was similar to that May 2021 area where price formed a low. I think it’s a great low given the amount of time (two months) and volatility that we saw. While there are going to be some small pullbacks, I think we strongly break $100,000 in the next several weeks as long as equities don’t completely sh** the bed (sadly, I see a lot of lower high / it’s over type of posts).” At time of writing, Bitcoin is trading for $95,921. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney Source: https://dailyhodl.com/2025/05/04/trader-says-two-altcoins-looking-solid-overall-updates-outlook-on-bonk-and-bitcoin/
You may also like
XRP Ledger hits 1M AI payments as Ripple-backed t54.ai launches hub
Aptos Network Vulnerability Exposed $70 Billion to $3,000 Attack
What is a flash loan? Borrowing millions with zero collateral, explained
AI is Changing Employment Expectations in the U.S., Fed May Remain Cautious
Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
What are RWA perpetuals? Trading stocks and commodities as crypto perps
OpenAI lands GPT-5.6 approval as traders rush pre-IPO futures
What is liquidation in crypto? Margin calls, health factors, and how positions die
Venezuela entrusts taxes to 'cryptocurrency expert' - is USDT under scrutiny?
US Power Grid Issues Red Alert Amid Heatwave, Is Bitcoin Mining the Scapegoat?
Central Banks, Parliaments, and Atlantic Players at the Euro Stablecoin Table
What are tokenized stocks? How equities are moving on-chain, explained
Zcash Co-founder Wants More Than 21 Million Bitcoins
Bankers Filed Suspicious Activity Report Over Farage's £5M Gift From Tether Billionaire
Analysis: Bitcoin May Enter a Phase of Bottoming Out, Selling Does Not Trigger Panic
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
Witnesses of South Korea's 'Golden Era': Foreign Capital Profits, Retail Investors Take Over
The Quality of Currency Depends on the Credibility of Its Issuer
XRP Ledger hits 1M AI payments as Ripple-backed t54.ai launches hub
Aptos Network Vulnerability Exposed $70 Billion to $3,000 Attack
What is a flash loan? Borrowing millions with zero collateral, explained
AI is Changing Employment Expectations in the U.S., Fed May Remain Cautious
Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
What are RWA perpetuals? Trading stocks and commodities as crypto perps
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com




