After a wave of false breakouts and brief rallies, Bitcoin has finally stabilized around the six-digit mark—boosting market sentiment. Yet, altcoins have struggled to hold gains, with notable pullbacks seen across the board. Renowned crypto analyst Ali Martinez has now weighed in with fresh insights on three popular tokens: Solana (SOL), SUI, and Sonic (S Coin).
His latest technical analysis, shared with his followers, pinpoints the make-or-break levels that could define the next directional moves for each of these assets.
Solana (SOL): Approaching a Pivotal Breakout
Martinez emphasized that Solana is currently testing a critical resistance level. Despite recent bullish pressure, he cautions that buyers must decisively breach the $188 zone for any substantial rally to materialize.
“This is a key resistance area for Solana. A breakout here could trigger a fresh bull run.”
If SOL manages to close above $188, analysts anticipate that $203 to $205 could be flipped into new support—clearing the path toward retesting its all-time highs.
SUI: Bearish Signal Flashing
The outlook for SUI, on the other hand, appears less optimistic in the short term. Martinez pointed to the TD Sequential indicator on the 3-day chart, which has now flashed a sell signal.
“SUI looks ready for a retracement as TD Sequential prints a bearish setup.”
Failure to hold the $3.53 support could open the door for a correction toward $3.02 and $2.71, offering new accumulation opportunities for longer-term investors.
Sonic (S Coin): Will $0.50 Hold?
Sonic, a rising name in the DeFi space, is struggling to maintain support at $0.50. According to Martinez, if this level fails to hold, the next stop could be as low as $0.40.
While Sonic has garnered attention due to its growing ecosystem, this technical breakdown suggests traders should brace for potential near-term volatility.
When Will Altcoins Bounce Back?
The latest rally in crypto markets was partly fueled by positive sentiment around a China-related agreement, sparking optimism. However, momentum has cooled. Another popular analyst, Pentoshi, echoed concerns in his latest update, stating:
“If altcoins are going to recover, they need to do it soon. They’ve already given back 50% of last week’s gains. The troubling part is BTC’s muted response.”
As of writing, Bitcoin trades at $103,567 and Ethereum is priced at $2,506, according to Binance TR data.
At Dey There, we continue to monitor whether upcoming catalysts—such as ETF decisions and regulatory developments—will reignite enthusiasm in the altcoin sector.
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