Forget Bitcoin Bottom: Analyst Says These Altcoins Could Move First

Crypto dealer Axel Bitblaze has laid out a recent market thesis constructed on a video from analyst Taiki Maeda, arguing that belongings like Hyperliquid (HYPE), Lighter (LIT), and Zcash (ZEC) are already buying and selling like winners of the following cycle whereas most traders are ready for a fourth-quarter backside.

He says that markets have a tendency to maneuver earlier than the gang agrees a backside has fashioned, so the higher window to place might be mid-to-late Q3 and never each time issues look protected.

The Case for HYPE, LIT, and ZEC

On July 15, Maeda shared a video on his X account through which he said that crypto was bottoming and that he could be longing HYPE, LIT, and ZEC.

His take was expanded on by Bitblaze in a July 16 put up, who noted that Hyperliquid has purchased again about 3.4% of the circulating HYPE provide this 12 months, permitting the token to carry out properly whilst sector mainstays resembling Bitcoin (BTC) struggled.

“If BTC volatility causes one other $HYPE dip with out altering its fundamentals… that might be an accumulation alternative,” wrote the analyst.

Lighter’s LIT token was offered as a higher-risk various, with Bitblaze crediting its reported partnership with Robinhood for giving the decentralized perpetual alternate entry to a a lot wider viewers. He additionally famous that buybacks have eliminated greater than 6% of LIT’s circulating provide, serving to to push it to an all-time high on the second-to-last day of 2025, when many altcoins had been shedding floor.

Meanwhile, ZEC carries probably the most warning. In his market replace video, Maeda mentioned he offered the privateness coin after the discovery of a vulnerability in its Orchard shielded pool that would have allowed unhealthy actors to create limitless quantities of faux ZEC, triggering a 60% collapse. He did, nevertheless, purchase many of the ZEC again after reassessing the undertaking’s outlook, with the Ironwood improve set for July 28 anticipated to introduce stronger quantum resistance and use formal verification to scale back the danger of hidden bugs.

That replace, in line with Bitblaze, might assist push up the asset’s worth. Recall that final week, Zcash founder Zooko Wilcox mentioned that they had been near producing a mathematical proof that Ironwood’s new shielded swimming pools don’t have any undetectable counterfeiting bugs, taking ZEC’s worth previous $500.

The token is buying and selling at about 0.8% of Bitcoin’s market cap, and per Maeda’s mannequin, it might go anyplace between $650 and $700 if that ratio climbs again to 1%.

Traders Urged Not to Wait for Bitcoin

Bitblaze mentioned that crypto has been in a bear market for the reason that euphoria skilled in mid-2025 when ETH was closing in on $5,000. Now, individuals are ready for the underside, which, in line with him, has been penciled in for This autumn 2026.

But he believes the market tends to “front-run what everybody expects,” which means it’s higher for merchants to begin positioning themselves between August and September “earlier than the restoration turns into apparent.”

“Don’t look ahead to Bitcoin and the whole market to look good,” the analyst suggested. “The subsequent winner often begins separating from the market earlier than everybody accepts that the underside is forming.”

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