How ETH, SOL, SUI, and AAVE Could Respond to the New Bitcoin Price ATH in 2025

Bitcoin (BTC) reached six figures for the first time on December 5, marking a significant milestone for the cryptocurrency market. One of the main reasons for the rise has been continued inflows into US Bitcoin exchange-traded funds (ETFs).

Spot Bitcoin ETFs have $120 billion in assets under management, just shy of gold’s $125 billion, Bloomberg ETF analyst Eric Balchunas wrote in a post to X on December 17. He said it was “unrealistic” for a Bitcoin fund to compete with a gold fund within 11 months of launch.

Several analysts remain optimistic about Bitcoin’s performance in 2025, predicting continued institutional adoption. Some people think Bitcoin could rise to $500,000 or more, but others have more conservative goals.

Bitcoin’s continued rise is likely to boost sentiment across the cryptocurrency sector while also driving solid buying in several altcoins. Based on current chart patterns, some altcoins may stand out and be worth your attention. Let’s study the chart of the top 5 cryptocurrencies that are likely to be most bullish in 2025.

Bitcoin Price Analysis

Bitcoin (BTC) completed its bullish setup by closing above the neckline of an inverted head and shoulders pattern. However, I usually test the neckline again after a breakout.

The Relative Strength Index (RSI) is forming a negative divergence, indicating slowing momentum. This means that the BTC/USDT pair could fall to the neckline.

If the price rebounds strongly from the neckline, it would be a sign that the bulls have turned to support. This increases the likelihood of a resumption of the upward trend towards the pattern target of $128,500. A break above this level could see the pair rebound towards $165,000.

The first sign of weakness will be breakouts and closures below the neckline. The pair could fall to the 50-week simple moving average (SMA) ($66,077), which is an important level for bulls to defend. A breakdown of this support would tip the scales in favor of the bears.

The pair bounced off its 50-day SMA ($92,907) on December 20, indicating solid demand at lower levels. Buyers would need to keep the price above the 20-day exponential moving average (EMA) ($98,786) to suggest selling pressure is easing. The pair could then rise to the channel’s resistance line. A breakout and close above the channel could push the pair up to $113,331.

If the bears fall below the 50-day SMA and $85,000 support, a deeper correction could begin. This could lead to a retest of the $73,777 breakout level.

Ether Price Analysis

Ethereum (ETH) is forming a large symmetrical triangle pattern, indicating indecision between bullish and bearish trends.

Typically, a symmetrical triangle acts as a continuation pattern, with price breaking in the direction of the prevailing trend prior to the formation of the triangle. This means that the ETH/USDT pair is likely to see an uptrend.

The bulls pushed the price above the triangle, but the bears brought the price back below the breakout level. Moving averages are important support levels to pay attention to. If the price rises strongly from the moving average, the bulls will again try to pull the pair above the triangle. The pattern target for the triangle breakout is $7,814.

If the price continues lower and falls below the triangle, this optimism will be invalidated.

The two are locked in a fierce battle near the 50-day SMA ($3,296). Any recovery is expected to lead to selling at the 20-day EMA ($3,628). A break and close above the 20-day EMA would mean that the downtrend is losing steam. The pair could then attempt to rise above $4,094 again.

Conversely, a close below the 50-day SMA would open the door for a decline to $3,000 and later solid support at $2,850. Buyers are expected to strongly defend the $2,850 support.

Solana Price Analysis

Solana (SOL) rejected the $260 overhead resistance, indicating that the bears are aggressively defending the level.

The SOL/USDT pair is likely to find support at the moving averages. If the price bounces strongly from the moving average, the bulls will try to keep the pair above $260. That way, the two of you will have completed the cup handle pattern. This could start a new rally towards $400 and later move towards the pattern target of $500.

The area between the 50-week SMA ($157) and $116 is likely to attract strong buying for bulls. Sellers must lower the price below $116 to take control.

The moving averages have completed a bearish crossover and the RSI is near oversold territory, indicating that bears are in control. If the price stays below the channel, the pair could fall to $155 and then to $116. Buyers are expected to defend the $116 support.

Bulls need to push the price above the resistance line and hold it there to signal that the correction is over. The pair could then rise to $260.

relevant: Here’s what happened in the cryptocurrency industry today

SUI Price Analysis

Although Sui (SUI) has had a short trading history, it has continued to hit record highs and retained much of its gains.

Rising moving averages and RSI in overbought territory indicate an advantage for buyers. The uptrend is selling near $5, but if buyers overcome this resistance, the SUI/USDT pair could resume the uptrend towards $6.20 and later $7.60.

On the downside, the 20-week EMA ($2.69) is expected to act as strong support. A close below the 20-week EMA would be the first sign that the uptrend is losing steam. The pair could then fall to $2.18.

The bears pushed the price up to the 50-day SMA ($3.61) on December 20th, but the bulls stayed there. This suggests low levels of demand. However, failure to clear the overhead hurdle could tempt short-term bulls to book profits. This could lead to a retest of the 50-day SMA.

If the 50-day SMA breaks, the pair could collapse towards $3. Conversely, if the moving average bounces, the pair could rise to $5. If the bulls overcome this resistance, the pair could begin the next phase of the uptrend.

Aave price analysis

Aave (AAVE) broke and closed above the $261 overhead resistance line, completing a round bottom pattern.

Bears stopped the rally at $400 and brought the price back to the $261 level. A strong bounce is an important level to watch because it signals that bulls have turned $261 into support. This will improve the $400 retest prospects. If the bulls overcome this resistance, the AAVE/USDT pair could rise to $650. There is strong resistance at $450, but a crossover is likely.

If the price gets and stays below $261, this bullish view will be invalidated in the near term. The pair could then fall to the 20-week EMA ($191).

The 20-day EMA ($304) has leveled off and the RSI is near the midpoint, indicating range-limiting action is possible in the near term. For the time being, this pair may fluctuate between $261 and $400.

A break and close below $261 would be the first sign of weakness. The pair could slip towards the 50-day SMA ($231), a level that is essential for bulls to defend. On the positive side, a close above $400 could resume the uptrend.