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Altcoins on Sale? $SUI, $SOL, $ETH, $ONDO, $QNT Slide

Altcoins on Sale? $SUI, $SOL, $ETH, $ONDO, $QNT Slide WikiBit 2025-06-03 16:05

A few weeks ago, analysts warned that altcoins were due for a correction. Many coins had surged shar

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 didnt 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 wasnt 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, its giving investors a rare chance to accumulate these major assets at bargain prices.

SUI Update: Still in an Uptrend but in Pullback Phase

SUI is still in an uptrend but pulling back after its May peak. Its now in a key support zone between $2.90 and $3.40. If the uptrend picks up again, it could aim for $9.70.

Source: CoinMarketCap

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.

ONDO Update: Quiet Climb Hints at Big Potential

ONDO is rising slowly but steadily. This quiet phase is common before big moves, like Ethereum and Chainlink saw early on.

The long-term setup looks bullish, and analysts are watching for momentum to pick up over the summer.

HBAR Update: Bounce Within Target Zone

HBAR has seen a small bounce, but its still under resistance. A proper reversal needs a clear move above $0.176.

Source: CoinMarketCap

If bulls take over, it could climb to $0.19 or even $0.21. Dips to $0.16–$0.155 cents would still fit the current setup.

Other Discounted Buys

QNT is rising fast, breaking above $105 with a big jump in trading volume. If it stays strong, it could move to $125 or $150. TAO is holding above $390 — if it keeps this level, it might soon break $400.

NEAR is forming a triangle pattern. The buy zone is between $2.10 and $2.90, with a chance to hit $5 or $10 later.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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