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Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor while 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 smart contract platform Sui (SUI) now appears bullish after breaking out of a “crucial resistance zone.”
According to the widely followed analyst and trader, Sui could go up by at least 74% over the coming months.
“SUI is likely running towards a new all-time high in the coming quarter.”
Sui is trading at $3.08 at time of writing, down by around 43% from the all-time high of $5.35 reached in early January.
Based on Van de Poppe’s chart of Sui on the 12-hour time frame, the widely followed analyst appears to suggest that the Solana rival could, over the short term, go up to around $3.20, pull back to under $3.00, before resuming the uptrend.
Source: Michaël van de Poppe/X
Turning to Bitcoin, the widely followed analyst says that over the short term, the crypto king is likely to undergo a correction after a rally of approximately 27% from the 2025 lows reached earlier this month.
According to Van de Poppe, Bitcoin faces a “crucial resistance” level at around the $96,000 price level and a pullback would offer an accumulation opportunity following the recent “massive breakout.”
“Buyers are likely going to step in and then we will be continuing our path towards a new all-time high.”
Source: Michaël van de Poppe/X
Bitcoin is trading at $92,853 at time of writing.
