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Attention: Analysts Reveal the Level That Could Trigger Bitcoin Frenzy — What’s Happening With Ethereum, XRP, and Solana?
According to the latest data from crypto analytics platform Santiment, the market is experiencing significant renewed momentum after several months of stagnation.
As Bitcoin approaches the $70,000 mark, altcoins are posting notable gains exceeding 20%.
The cryptocurrency market recorded one of its strongest single-day surges of 2026. Santiment analyst Brian Quinlivan described the move in the Thinking Crypto podcast as a technical and psychological “relief rally.”
However, following the surge, $BTC pulled back again to approximately $67,500.
According to the analysis, the market spike occurred when investors were “extremely fearful” and had largely lost hope in crypto. Brian noted that markets typically move in the opposite direction of herd sentiment, and the rally was not surprising given the overwhelmingly negative tone across media and social networks.
Experts warn that if Bitcoin breaks above the $71,000–$73,000 range, the market could be swept by a wave of FOMO (fear of missing out).
The MVRV indicator, which measures the ratio of market value to realized value, suggests that despite the rebound, the market is not yet in a “high-risk” zone. Bitcoin’s 30-day MVRV remains negative at -2.5%. This indicates that, on average, investors are still at a loss, meaning there may still be room for further upside.
According to Santiment, Ethereum, with an MVRV of -6%, is lagging behind other altcoins and could begin a “catch-up” move.
Despite the recent gains, the most striking missing element has been activity from large $BTC holders (whales). Santiment data shows that wallets holding between 10,000 and 100,000 BTC have sold approximately 101,000 BTC since mid-January. Analysts emphasize that for this rally to evolve into a sustainable bullish trend, large holders would need to resume accumulation.
As for XRP, analysts say it remains attractive for long-term investors, but short-term indicators point to uncertainty, as its 30-day MVRV is approaching zero.
Although Solana has risen 16%, social trading volume and FOMO levels remain significantly lower compared to previous rallies.
Uniswap surged 24% after news that BlackRock is investing in the Uniswap token and plans to move its money market fund onto the decentralized exchange Uniswap, but the broader market appears not to have fully priced in this development yet.
See also: "Experts See Positives in Bitcoin’s $1 Trillion Market Cap Collapse"
