Altcoins on Sale? $SUI, $SOL, $ETH, $ONDO, $QNT Slide
The post Altcoins on Sale? $SUI, $SOL, $ETH, $ONDO, $QNT Slide appeared on BitcoinEthereumNews.com.
Altcoins now correcting after Bitcoin peaked and stole market attention. Ethereum and Solana offer rare buying opportunities at discounted levels. SUI, ONDO, and HBAR pull back, but setups still valid. A few weeks ago, analysts warned that altcoins were due for a correction. Many coins had surged sharply from their lows — with some even doubling in price. However, instead of an immediate pullback, Bitcoin continued pushing higher and reached new all-time highs. Despite this, the altcoin market didn’t follow. The main reason for this divergence seems to be a liquidity crunch. Altcoins need fresh capital inflows to sustain a rally, and while Bitcoin was grabbing all the attention, money wasn’t flowing into altcoins. Once Bitcoin made a new high and then started pulling back, altcoins followed suit — triggering the long-awaited dip. Solana and Ethereum: Discount Buys? Ethereum and Solana are not just any altcoins — they’re the leading platforms for decentralized applications, smart contracts, NFTs, and more. Their current weakness compared to Bitcoin isn’t necessarily a sign of failure, but rather a reflection of shifting liquidity and market cycles. With ETH/BTC and SOL/BTC charts showing deep discounts, it’s giving investors a rare chance to accumulate these major assets at bargain prices. Related: Top Analyst Finds ALGO a STEAL in This Accumulation Zone: Time to Buy? SUI Update: Still in an Uptrend but in Pullback Phase SUI is still in an uptrend but pulling back after its May peak. It’s now in a key support zone between $2.90 and $3.40. If the uptrend picks up again, it could aim for $9.70. For now, the price is weak, making lower highs and lows. A break above $3.38 would hint at a comeback, while falling below the April low would spoil the setup. Related: What Happened Last Week for Bitcoin ONDO…
Filed under: News - @ June 3, 2025 9:29 am