Analyst Suggests Early Entry Phase for Altcoins, Targeting SOL, ASTER, and HYPE

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Analyst Killa on X cited technical analysis suggesting altcoins may enter a favorable phase as BTC builds support and resistance. With BTC forming a base, altcoins such as SOL, ASTER, and HYPE could regain momentum. Killa’s SOL position rose 50% from $76, while ASTER aims for 50%–100% gains. HYPE climbed 70% from $51.55. He observes key support levels emerging for altcoins as BTC stabilizes.

According to ME News, on September 8 (UTC+8), analyst Killa posted on X that historically, when BTC begins forming a bottom and gradually rises, it often signals a favorable opportunity to position for altcoins. During the previous cycle, as BTC rose from $16,000 to $74,000, many altcoins experienced price gains of 300%–500%. However, as BTC continued to strengthen and its market share increased, many altcoins began to face downward pressure. Killa believes that if BTC has already formed its current bottom, some altcoins may also have reached their阶段性 low points; therefore, he has recently begun selectively reallocating into altcoins. His SOL position, purchased at $76, has since risen approximately 50%. His recent long position in ASTER targets a minimum gain of 50% to 100%, and his earlier spot or long position in HYPE, established at $51.55, subsequently rose by around 70%. (Source: ODAILY)

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