HTX Research: Investors Shift Capital to Strong Altcoins Amid Stable Bitcoin

Analysts at the cryptocurrency exchange HTX have forecasted a rise in Bitcoin’s value to $105,000-115,000 within the next 30-45 days and have identified promising sectors for investment. This is detailed in a new DeepThink report.

Experts note an increase in positive sentiment in the cryptocurrency market. As the leading cryptocurrency grows slowly, capital begins to flow into fundamentally strong altcoins.

“Options market data indicates a predominance of bullish sentiment: the open interest ratio of calls to puts has reached 1.55, while short-term implied volatility has decreased to an 18-month low of 35-40%,” the report states.

HTX Research believes this combination sets the stage for Bitcoin to test new highs, but warns of the risk of excessive leverage. A sharp increase in volatility or a drop below $100,000 could trigger a sell-off and significant position reductions.

“From a capital allocation perspective, partially reallocating funds into fundamentally strong and liquid altcoins may provide an opportunity to gain additional benefits from Bitcoin’s growth,” the analysts note.

In particular, they highlight two projects in the Sui ecosystem that were recently listed on HTX:

• Haedal — the leading liquid staking protocol on Sui;
• Bluefin — a DEX with futures support.

Experts point out that Sui has reached a record capitalization, yet projects within its ecosystem have not yet shown significant growth. This presents opportunities for early entry.

HTX Research also highlights the InfoFi platform Kaito, which has increased the number of integrated projects from 30 to 120 over the past three months, while the volume of API requests has quadrupled.

Staking of the native token has reached 19.7 million KAITO. Additionally, the protocol has repurchased and burned 3.7 million coins, creating deflationary pressure.

In April, HTX became the leader in net capital inflow.