Crypto analyst alicharts outlined possible cycle-top levels for several major digital assets based on long-term price charts. In the view shared by the analyst, Bitcoin’s first target sits at a previous high of $125,000. If that level is broken, price could extend toward the upper boundary of an ascending channel near $190,000. For Ether, the monthly chart is described as following an ascending channel over roughly the past five years, with the upper rail near $5,000 marked as the key level to watch. A break above that area would point to $8,800. Solana’s monthly chart, meanwhile, appears to be forming a cup-and-handle pattern, with a neckline near $295. If SOL closes a monthly candle above that line, the bullish setup would strengthen, with the pattern implying a target near $2,744.
According to ChainCatcher, crypto analyst alicharts used long-term candlestick charts for major digital assets to outline possible top levels for the current bull cycle from a technical analysis perspective.
Bitcoin targets $125,000 first, then near $190,000 on a breakout
For Bitcoin, alicharts said the first target is the previous high at $125,000. If BTC breaks above that level, price could reach the upper boundary of an ascending channel, which the analyst placed near $190,000.
Ether upper channel level sits around $5,000
On Ether, the monthly chart shows price moving within an ascending channel over the past five years. The upper rail of that channel, around $5,000, is the level to watch. If ETH breaks through it, the projected move points to $8,800.
SOL pattern target stands near $2,744
For Solana, the monthly chart appears to be forming a cup-and-handle pattern, with the neckline around $295. A monthly close above that level would strengthen the bullish case, and the implied target for the pattern is near $2,744.
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