First Dogecoin, Now Solana: What’s Driving The 10%+ Altcoin Rallies In The Past Weeks?
Posted On May 11, 2026
Altcoins are beginning to wake up after months of brutal underperformance, but traders remain divided on whether the move marks the start of a broader bull cycle or just another bear market rally.
Bitcoin Controls Everything
In a podcast on May 9, expert trader DonAlt highlighted that several major altcoins and newer high-beta names are showing improving technical structures as Bitcoin (CRYPTO: BTC) stabilizes above key support levels.
Bitcoin breaking resistance for the first time since the cycle top represents an important “change in character” for the market.
He identified $78,000 as key near-term bullish support, $72,000 as the broader “line …