- 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 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 it’s still under resistance. A proper reversal needs a clear move above $0.176.
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.
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