Cryptocurrency analysts predict the peak of the bull market for mainstream coins: Bitcoin could reach as high as $190,000, and Ethereum $8,800

Cryptocurrency analyst alicharts combines long-term K-line charts of mainstream crypto assets to predict the peak of this bull market for various major cryptocurrencies from a technical analysis perspective as follows: Bitcoin's first target is the previous high of $125,000. If it breaks through this high, it may reach the upper boundary of the ascending channel—close to $190,000. The Ethereum monthly chart shows the ascending channel it has followed over the past 5 years, with the upper boundary around $5,000 being a level to watch. If it breaks through this level, the expected trend will point to $8,800.

The SOL monthly chart seems to be forming a cup and handle pattern, with the neckline around $295. If the monthly close breaks this line, it will strengthen the bullish case, with the potential target of this pattern expected to be close to $2,744.