- Altseason peak approaches and many altcoins are going bullish.
- JASMY has broken out of a bullish descending triable pattern.
- ANalysts await a steady climb for JASMY price as the altcoin’s next trend pump awaits.
Bitcoin remains strong in its bullish sideways trend. The pioneer crypto asset recently reached $106,000 before pulling back to $104,000. Despite this slight decline, analysts remain confident that BTC will continue its upward trajectory, with expectations of a new ATH targets ranging between $120,000 and $125,000.
Altseason Peak Approaches
Similar optimism extends to Ethereum (ETH) and the broader altcoin market. With February—a historically bullish month—on the horizon, analysts anticipate significant price surges for Bitcoin and altcoins, potentially leading to new ATHs. The price of ETH, in particular, is expected to lead the coming peak of the altseason by setting its first ATH this cycle.
Historically, every Q1 following a Bitcoin Halving year has welcomed an explosive period for altcoins, marking the height of that bull cycle’s altseason. As 2025 unfolds, several altcoins are already displaying strong bullish signals. With February on the horizon, seasoned analysts are hinting at major parabolic rallies in the near future.
JASMY Breaks Out of Bullish Indicator
One such altcoin is the asset known as the Bitcoin of Japan JasmyCoin (JASMY). As we can see from the post above, JASMY price seems to be breaking out of a bullish descending triangle pattern in the 4-hour timeframe. The analyst says that a successful retest on the trendline could trigger a 100% throwback from the depicted zone. He concludes by saying the volume still rising maintains good momentum, and expects major price surges soon.
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