Bitcoin Cash

Rally

Strong

Altcoin

<p>The crypto market has started July on a stronger note, with investor confidence slowly returning after weeks of heavy selling. Although Bitcoin briefly climbed above $64,000 before pulling back to around $61,933, several altcoins have continued to post strong gains.&nbsp;</p>
<p>According to blockchain analytics platform <a href="https://x.com/SantimentData/status/2074616334114009586?s=20" rel="noopener noreferrer nofollow">Santiment</a>, this suggests that capital is quietly rotating back into oversold altcoins as traders move past the fear that dominated the market in late June.</p>
<h3 id="h-altcoins-lead-the-weekly-rally" class="wp-block-heading"><strong>Altcoins Lead the Weekly Rally</strong></h3>
<p>Santiment <a href="https://x.com/SantimentData/status/2074255117876932709?s=20" rel="noopener noreferrer nofollow">reported </a>that several altcoins delivered impressive weekly returns. MemeCore led the market with an 89% surge, followed by Cardano (ADA), which gained 25%. DEXE climbed 23%, while Bitcoin Cash (BCH) and WhiteBIT (WBT) advanced 22% and 20%, respectively.</p>
<p>Ethereum has also shown fresh strength after reclaiming the $1,800 level. Santiment’s on-chain data shows that wallets holding less than 0.01 ETH increased their share of the supply by 1.82% over the past month. At the same time, wallets holding between 100 and 100,000 ETH added another 1.73%.</p>
<p>The data suggests both retail investors and large holders are <a href="https://coinpedia.org/news/top-analyst-reveals-a-key-level-which-will-trigger-bullish-rally-for-ethereum/amp/" rel="noopener noreferrer nofollow">accumulating Ethereum</a>, while most selling pressure is coming from mid-sized holders, exchange liquidity providers, and short-term traders. This balanced accumulation is viewed as a positive sign for Ethereum heading into the second half of 2026.</p>
<h3 id="h-july-could-bring-stronger-altcoin-momentum" class="wp-block-heading"><strong>July Could Bring Stronger Altcoin Momentum</strong></h3>
<p>Crypto analyst Michaël van de Poppe says Bitcoin appears to be either bottoming or moving through an accumulation phase. As Bitcoin pushes higher and fear continues to fade, he expects altcoins to accelerate even further.</p>
<figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet">
   <p>My main thesis remains the same.<br><br>I think that we're either bottoming on <a href="https://x.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> or we're accumulating.<br><br>The more that the fear spreads away, and the higher Bitcoin goes, the higher the altcoins will move.<br><br>➡️ – <a href="https://x.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> breaking above $65,000<br>➡️ – <a href="https://x.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> breaking upwards out of…</p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://x.com/CryptoMichNL/status/2073817935890768029?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2026</a>
  </blockquote>
 </div>
</figure>
<p>His outlook includes Bitcoin breaking above $65,000, followed by altcoins moving out of their year-long downtrend. He expects one to two months of strong momentum before a correction in September or October, with another major rally likely during the fourth quarter.</p>
<h3 id="h-analysts-urge-investors-to-stay-selective" class="wp-block-heading"><strong>Analysts Urge Investors to Stay Selective</strong></h3>
<p>Despite the improving outlook, analysts say not every altcoin will recover equally.</p>
<p>Darkfost from CryptoQuant noted that nearly 40% of altcoins are still trading below 25% of their all-time highs, highlighting how weak much of the sector remains.</p>
<figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet">
   <p>40% of Altcoins Are Trading Around Their All-Time Low<br><br>“The altcoin market has now reached an extreme level of underperformance… It’s now essential to carefully select the projects you choose to be exposed to, and stay highly selective.” – By <a href="https://x.com/Darkfost_Coc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Darkfost_Coc</a><a href="https://t.co/Q227eQ9lNh" rel="noopener noreferrer nofollow">pic.twitter.com/Q227eQ9lNh</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://x.com/cryptoquant_com/status/2074757694854983891?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2026</a>
  </blockquote>
 </div>
</figure>
<p>With more than 53 million cryptocurrencies now listed and around 60,000 new tokens launching every day, liquidity is spread across a much larger market than in previous cycles. As a result, analysts recommend focusing only on fundamentally strong projects.</p>
<p>Meanwhile, market commentator Crypto Thro said Altseason 2026 is beginning to build as liquidity gradually returns to altcoins. However, analysts agree that careful project selection will be more important than simply following the broader market rally.</p>
<figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet">
   <p>Guys its confirmed the <a href="https://x.com/hashtag/Altseason?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altseason</a> 2026 loading heavily.<br><br>The bull run is heating up, this is when <a href="https://x.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> often start to pump.<br><br>Smart money is buying early, liquidity is flowing back into alts.<br><br>The next 20x, 50x, or even 100x winners may be getting ready.<br><br>Don't blink,… <a href="https://t.co/qfKCsiyt7k" rel="noopener noreferrer nofollow">pic.twitter.com/qfKCsiyt7k</a></p>— CRYPTO THRO (@CryptoThro) <a href="https://x.com/CryptoThro/status/2074498830582604165?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 7, 2026</a>
  </blockquote>
 </div>
</figure>

Altcoins Kick Off July Strong as Analysts Expect Rally Soon

Table of Contents

CoinPedia News

Other articles published on Jul 8, 2026

Join our free newsletter for daily crypto updates!