The three major altcoins rise against the trend, with technical indicators revealing bullish signals

With Bitcoin and Ethereum down 23.97% and 18.85% respectively since the beginning of the year, Bitcoin Cash, Morpho, and Decred have delivered completely different results. Not only have these three major coins defied the market trend and risen, but they also show strong bullish signals in their technical charts, attracting widespread market attention.

Bitcoin Cash Leads the Rally, Whale Accumulation + Reversal Pattern Double Optimism

Bitcoin Cash has been the most stable performer among the three, with a 64.05% gain over the past year. According to NS3, on-chain data shows signs of whale accumulation, which is often seen as a signal of institutional or large investor confidence in the future. More notably, BCH has formed an inverse head and shoulders pattern on the technical charts, a classic bullish reversal signal indicating potential upside.

Morpho Gains Institutional Favor, Golden Cross Confirms Uptrend

Although Morpho has a -6.70% change over the year, its recent movement shows strong momentum. NS3 analysis indicates that Morpho has attracted institutional interest, and the EMA golden cross has already formed. This technical signal usually suggests the establishment of a short-term upward trend. The influx of institutional funds combined with technical resonance adds bullish expectations for this DeFi project token.

Decred Performs the Strongest, Momentum Accelerates

Among the three, Decred’s performance is undoubtedly the most impressive — with a 157.69% increase over the year. On-chain technical analysis shows that Decred has formed a stable ascending channel, and a cup-shaped bottom is gradually taking shape, indicating a higher probability of a breakout. The complete pattern structure boosts market confidence in further upward movement.

Three Key Insights Behind Market Divergence

The weakness of Bitcoin and Ethereum contrasts sharply with the strength of these three altcoins, reflecting a rotation within different market segments. Whether it’s whale accumulation, institutional positioning, or technical pattern resonance, all point in the same direction — after solid bottom confirmation, these coins may enter a new rally phase. Investors should closely monitor the ongoing development of these technical signals.