How ETH, SOL, SUI and AAVE may react to the new Bitcoin price ATHs in 2025

Bitcoin (BTC) reached the six-figure mark for the first time on December 5, marking a major milestone for cryptocurrency markets. One of the main reasons for the gains is the continued flow of Bitcoin exchange traded funds (ETFs) into the United States.

Bloomberg ETF analyst Eric Balchunas said in a Dec. 17 post on X that Bitcoin ETFs' assets under management stood at $120 billion, just shy of gold's $125 billion. In 11 months, Bitcoin funds competing with gold funds are “unrealistic,” he said.

Many analysts remain bullish on Bitcoin's performance in 2025 as they expect institutional adoption to continue. Some believe Bitcoin can rally to $500,000 or more, while others have more conservative targets.

A continued rally in Bitcoin is likely to boost sentiment in the crypto sector, attracting strong buying in several altcoins. Based on current chart patterns, some altcoins may stand out and be worth watching. Let's study the charts of the five major cryptocurrencies that look promising for 2025.

Bitcoin price analysis

Bitcoin (BTC) closed above the neckline of the inverted head and shoulders pattern, completing the bullish position. However, the cut is usually to re-test the neckline.

The Relative Strength Index (RSI) is forming a negative divergence, indicating a slowdown. That suggests that the BTC/USDT pair may go down to the neckline.

If the price recovers from the neckline, it indicates that the bulls have reversed the level to support. That increases the possibility of an improvement to the $128,500 pattern target. If this level is crossed, the pair could collect up to $165,000.

The first sign of weakness rests and closes below the neckline. The pair may go down to the 50-week simple moving average (SMA) ($66,077), which is an important level for the bulls to defend. If this support is broken, the advantage is tilted in favor of the bears.

The pair rebounded from the 50-day SMA ($92,907) on December 20, indicating strong interest at lower levels. Buyers should push and hold the price above the 20-day exponential moving average (EMA) ($98,786) to signal that the selling pressure is easing. Then the pairs can be moved to the defensive line of the channel. A break and close above the channel could take the pair to $113,331.

If the bears pull the pair below the 50-day SMA and the $85,000 support zone, a deep correction may begin. That could result in a retest of the $73,777 crash level.

Ether price analysis

Ether (ETH) has developed a large symmetrical triangle pattern, which indicates a conflict between bulls and bears.

Usually, a symmetrical triangle works as a continuation pattern, and the price opens in the direction of the trend that preceded the formation of the triangle. That indicates that the ETH/USDT pair is likely to go higher.

The bulls pushed the price above the triangle, but the bears pushed the price below the loss level. Moving averages are critical support that requires caution. If the price changes strongly from the moving averages, the bulls will again try to drive the pair above the triangle. The breakout pattern from the triangle is $7,814.

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

The pair is seeing a tough fight near the 50-day SMA ($3,296). Any recovery is expected to be offset by the 20-day EMA ($3,628). A break and close above the 20-day EMA suggests that the bears are losing their grip. The pair may try to rise above $4,094 again.

Conversely, a close below the 50-day SMA opens the door to a fall to $3,000 and later strong support at $2,850. Buyers are expected to strongly defend the $2,850 support.

Solana price analysis

Solana (SOL) rejected the resistance above $260, indicating that the bears will defend the level aggressively.

The SOL/USDT pair may find support at the moving averages. If the price rebounds strongly from the moving averages, the bulls will try to drive the pair and hold above $260. If they can do this, the pair completes the cup-and-handle pattern. That could initiate a new move towards the $400 and later the $500 pattern target.

The zone between the 50-week SMA ($157) and $116 may attract strong buying for bulls. Sellers must drop below $116 to maintain control.

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

The bulls need to push the price above the resistance line and hold it to signal that the correction is over. Then the pair could go up to $260.

Related: Here's What Happened in Crypto Today

SUI cost analysis

Although SUI has a short trading history, it has repeatedly made new all-time highs and made significant gains.

Upward moving averages and the RSI in the overbought region indicate the upside for buyers. The move to the upside is close to $5, but if buyers overcome this resistance, the SUI/USDT pair could continue to rise to $6.20 and later to $7.60.

On the downside, the 20-week EMA ($2.69) is expected as strong support. A break and close below the 20-week EMA would be the first indication that the upside is losing steam. The pair could drop as low as $2.18.

The bears pulled the price to the 50-day SMA ($3.61) on December 20, but the bulls held their ground. This shows the need for low levels. However, failure to clear the barrier above may tempt short-term bulls to book profits. That could result in a retest of the 50-day SMA.

If the 50-day SMA gives way, the pair could fall to $3. Conversely, a breakout from the moving averages could push the pair towards $5. If the bulls overcome this resistance, the pair can start the next leg of the uptrend.

Aave price analysis

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

The bears stopped the rally at $400 and pushed the price to a high of $261. This is an important level to watch out for, as a breakout from the downside shows that the bulls have turned $261 into support. That improves the chance of a $400 retrial. If the bulls overcome this resistance, the AAVE/USDT pair could rise to $650. There is strong resistance at $450, but it can be crossed.

If the price breaks down and falls below $261, this optimism is worthless in the near term. The pair may sink towards the 20-week EMA ($191).

The 20-day EMA ($304) is flat, and the RSI is near the midpoint, indicating that a range-bound move is likely in the near term. The pair could fluctuate between $261 and $400 for a while.

A break and close below $261 would be the first sign of weakness. The pair may slide towards the 50-day SMA ($231), which is an important level for bulls to defend against. On the upside, a break and close above $400 could continue the upward move.

This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.