Cryptocurrency analyst and dealer Michaël van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor whereas updating his outlook on Bitcoin (BTC).
Van de Poppe tells his 784,200 followers on the social media platform X that the native token of the good contract platform Sui (SUI) now seems bullish after breaking out of a “essential resistance zone.”
In line with the extensively adopted analyst and dealer, Sui may go up by not less than 74% over the approaching months.
“SUI is probably going working in direction of a brand new all-time excessive within the coming quarter.”
Sui is buying and selling at $3.08 at time of writing, down by round 43% from the all-time excessive of $5.35 reached in early January.
Primarily based on Van de Poppe’s chart of Sui on the 12-hour timeframe, the extensively adopted analyst seems to recommend that the Solana rival may, over the quick time period, go as much as round $3.20, pull again to underneath $3.00, earlier than resuming the uptrend.
Turning to Bitcoin, the extensively adopted analyst says that over the quick time period, the crypto king is prone to endure a correction after a rally of roughly 27% from the 2025 lows reached earlier this month.
In line with Van de Poppe, Bitcoin faces a “essential resistance” degree at across the $96,000 worth degree and a pullback would supply an accumulation alternative following the latest “huge breakout.”
“Consumers are possible going to step in after which we will likely be persevering with our path in direction of a brand new all-time excessive.”
Bitcoin is buying and selling at $92,853 at time of writing.
Observe us on X, Facebook and Telegram
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Test Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you might incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney
