Bitcoin may still be under pressure, but one crypto analyst says the market could be getting closer to a bottom. Referencing Coinbase CEO Brian Armstrong’s recent comments, the analyst explained that Bitcoin’s $60,000 level may mark the cycle low.
More than 50% of Bitcoin holders are currently in loss, a signal that also appeared near the bottoms of the 2018 and 2022 bear markets.
While he expects weakness could continue for a few more months, he sees the current period as an accumulation phase. Here are Top 3 Altcoins to Buy:
$XLM’s Big 2027 Opportunity
Among the altcoins on his watchlist, Stellar ($XLM) is one of the most overlooked projects.
- His bullish outlook centers on the planned tokenization initiative involving the Depository Trust & Clearing Corporation, which holds and processes over $100 trillion in assets.
- According to the analyst, Stellar has been selected as part of efforts to bring traditional financial assets on-chain, with broader implementation expected in 2027.
- He stressed that this is a long-term story rather than a short-term trade. While $XLM remains far below previous cycle highs, he sees current prices as attractive compared to where the token could trade if tokenization adoption accelerates over the next year.
- As of now $XLM is trading at $0.2211 and is up by 2.3% in the last 24 hours.
Aerodrome Finance Gains Attention
- The next on the radar is Aerodrome Finance ($AERO). The analyst pointed to $AERO’s growing role within the Base ecosystem and upcoming expansion plans that could increase its visibility across the broader DeFi market.
- He also referenced recent bullish forecasts for Uniswap from major financial institutions, arguing that $AERO could benefit from similar growth trends within decentralized finance.
$AERO : Review 📜
— Chain INK (@0xchainink) June 16, 2026
What if the #1 DEX on Coinbase's L2 that generates $6.9 million in monthly fees, distributes 100% of it to voters, and was built with zero VC money is about to merge with its sister protocol and launch on Ethereum mainnet to directly challenge Uniswap?
Meet… pic.twitter.com/A90ZKkb7XE
- According to him, Aerodrome’s model stands out because it distributes trading fees back to token holders while continuing to expand its liquidity network.
- As of now $AERO is trading at $0.4936 and is up by 8.86% in the last 24 hours.
Hyperliquid Remains a Market Favorite
The third project on the list of top 3 altcoins to buy is Hyperliquid ($HYPE).
- The analyst described $HYPE as one of the strongest performers in the current market cycle, driven by rising trading activity and growing institutional interest.
- He noted that billions of dollars in open interest are flowing through the platform, covering not only crypto assets but also commodities, indices, and other markets.
- He also pointed to strong demand for Hyperliquid-related investment products, noting that ETFs tracking the project have recorded inflows almost every day since launch.
- As of now $HYPE is trading at $72.69 and is down by 1.26% in the last 24 hours.
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