A widely followed crypto analyst predicts that Solana (SOL) rival SUI (SUI) could soon reach new all-time highs. Analyst Michaël van de Poppe told his 729,500 followers on social media platform X that SUI could rise more than 23% from its current value.
The Rise of SUI
Poppe used the following words in his statements:
“Sometimes it will be necessary to be patient. I previously marked the $1.79 level on SUI. It got there and made a strong jump of about 10%. “I think we will continue higher on SUI and potentially reach $2.25-$2.50.”
Currently, SUI is trading at $2.02, an increase of 134% since September 11.
Future of Bitcoin
Analyst, Bitcoin 
$60,844He stated that (BTC) could move much higher after recovering from the $58,000 level experienced on Thursday. Poppe:
“Bitcoin took liquidity and bounced upwards. It is trading above $60,000 and the correction is very likely to be over. Once it breaks above $62,300, things could accelerate. “Buy during the correction period.”
Macroeconomic Factors
Poppe also predicts that there will be changes in macroeconomic conditions, including additional Fed interest rate cuts, which will cause investors to turn to riskier investments such as Bitcoin.
“There is a large monthly decline divergence between 2-year and 10-year yields in the US. I expect it to continue falling from this point, labor markets weakening. “Probably starting from November, risk taking will increase with QE and further interest rate cuts and BTC will direct the markets.”
Bitcoin is currently trading at $62,700, up over 3% in the last 24 hours.
Poppe’s predictions offer important clues for investors about the future performances of SUI and Bitcoin. The rapid increase in value of SUI and the possible rise of Bitcoin are considered remarkable developments in the crypto markets.
Crypto analyst predictions are shaped by market dynamics and macroeconomic factors. SUI’s potential rise and Bitcoin’s recovery could create opportunities for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
