Dogecoin (doge) 
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Signs are emerging that the crypto market bull run is on the horizon, with Bitcoin showing significant bullish patterns. The widely discussed cup-and-handle formation suggests that Bitcoin could surge to at least $143,000, as it has already breached the upper boundary of the pattern. Additionally, Bitcoin is approaching a breakout above an 8-year resistance trendline, a move that could trigger a broader rally across the cryptocurrency market. Below are the top altcoins to keep an eye on as the market prepares for potential upward momentum.
Hyperliquid (HYPE)
Hyperliquid (HYPE) is one of the standout altcoins to watch as the crypto bull market gains momentum. The token has already experienced a remarkable 342% surge from its April lows and is currently trading near its all-time high.
The growth of Hyperliquid has been fueled by its increasing dominance in the perpetual futures market. Over the past 30 days, the platform processed more than $245 billion in trading volume. Additionally, Hyperliquid has become a key player in the decentralized exchange (DEX) space, generating $65.5 million in revenue during May, a significant increase from $43.3 million in April.
As trading volumes, revenue, and staking yields continue to climb, HYPE is positioned for further growth. Notably, the token invalidated a bearish double-top pattern at $39.96, paving the way for additional upside potential.
Uniswap (UNI)
Uniswap (UNI) remains a top contender among altcoins, driven by its expanding footprint in the decentralized finance (DeFi) space. Over the last 30 days, Uniswap processed $92.8 billion in trading volume while generating $95 million in fees during May, up from $60 million in April.
One of the key growth drivers for Uniswap is the rapid development of its Unichain network, which has emerged as a fast-growing blockchain in the crypto ecosystem. The protocol’s DEX volume recently surpassed $9.5 billion, and its total value locked (TVL) in DeFi is nearing $1 billion. Additionally, Unichain’s stablecoin market cap has surged to $320 million.
From a technical perspective, UNI has broken above a key resistance level at $7.5410, which aligns with the high from May 11 and May 28, as well as the 23.6% Fibonacci retracement level. If UNI sustains its position above this zone, it could target the 50% retracement level at $11.97, offering further upside potential.
Ethereum (ETH)
Ethereum (ETH) remains a top cryptocurrency to consider, especially as spot ETH ETF inflows continue to rise. The token has recently formed a bullish flag pattern, characterized by a vertical rally followed by a rectangular consolidation phase resembling a hoisted flag.
The upper limit of this flag is $2,743, while the lower limit is $1,386, creating a measured move of $1,357. Adding this to the breakout level at $2,740 yields a projected target of approximately $4,100 for Ethereum.
Ethereum has also formed a golden cross pattern, a classic bullish signal where the 50-day moving average crosses above the 200-day moving average. This development further supports the bullish outlook for ETH in the near term.
As the cryptocurrency market gears up for a potential bull run, these altcoins—Hyperliquid (HYPE), Uniswap (UNI), and Ethereum (ETH)—are worth watching closely. Keep an eye on market trends and technical indicators to make informed investment decisions.
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