Crypto market analyst Michael van de Poppe has indicated that the bullish expectation for the SUItokenhas strengthened while there may be a short-term correction in Bitcoin
$
95,102. In sharing his forecasts based on market technical indicators, Van de Poppe advised traders to exercise caution.
SUI Token Analysis
SUI stands as a competitor among altcoins to Solana
$
152. The token has declined to $3.08 after reaching a peak of $5.35 in January. The analyst suggested that after breaking through a critical resistance zone, SUI could increase by at least 74% in the coming months.
SUI could reach a new peak in the next quarter. – Michael van de Poppe
According to technical analysis charts, SUI could rise to $3.20 in the short term, although there is a possibility of a brief pullback below $3 afterward. This dynamic indicates that the token price may continue to experience fluctuations.
Bitcoin Analysis
Bitcoin is hovering around $94,853 following a 27% rally from its 2025 lows. Van de Poppe mentioned that there could be a price correction in the short term, which may be precipitated by the critical resistance level around $96,000. This situation could present buying opportunities after the correction.
Buyers will come in, and then the journey towards a new peak will begin. – Michael van de Poppe
When analyzing Bitcoin charts, the focus is on the $96,000 resistance level. An increase in buying pressure after the correction could contribute to a renewed upward movement in prices. According to the analyst, despite short-term fluctuations for both assets, a long-term bullish trend is indicated.
The analyst’s comments underscore the importance of closely monitoring market conditions and price interactions. With the data being updated, strategies may also need to be reassessed.
