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- ETH is outperforming BTC and is close to its previous ATH, boosting altcoin rally hopes.
- SUI is 27% below its ATH and targeting a $7 breakout after a bullish retest.
- Analysts see current dips as buying opportunities ahead of altseason peak.
The recent dip in Bitcoin (BTC) and Ethereum (ETH) prices briefly dragged the broader crypto market lower, but sentiment is quickly shifting. Despite the correction, ETH has been outperforming BTC and is now only 8% away from reclaiming its previous all-time high (ATH). Analysts suggest this resilience could signal the arrival of the altseason peak phase — a period when altcoins typically post outsized gains.
This shift in momentum is boosting investor confidence, especially for promising assets like SUI, which is targeting a new ATH of $7.
$SUI bullish retest complete, targeting $7! pic.twitter.com/IimwBmUzaE
— Ali (@ali_charts) August 14, 2025
SUI Poised for Breakout After Bullish Retest
SUI’s technical setup recently completed a bullish retest, setting the stage for a steady climb toward its target. According to CoinMarketCap data, SUI’s current price of $3.84 is still 27% below its previous ATH of $5.35, reached seven months ago. Analysts believe breaking that level would trigger further upside, potentially pushing SUI into price discovery territory.
#Altcoins
— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) August 14, 2025
As soon as there is a flush in the market, the panic is back.
Yet $ETH is only just 8% away from its ATH.👀💯
Take a look at the Altcoin Season indicator. There is still SO MUCH upside for Altcoins.
As I said, dips are for buying imo. pic.twitter.com/hm917nbELM
This optimism isn’t limited to SUI. Other new-generation altcoins like Fetch.ai (FET) and Ondo (ONDO) have already set new ATHs earlier in the cycle. Meanwhile, established projects such as Cardano (ADA) and XRP are still chasing their prior highs, which could spark sharp rallies once achieved.
Market Conditions Align for Altseason Peak
The prolonged correction earlier this year allowed the market to consolidate and build a stronger base. Now, with ETH climbing, BTC stabilizing, and the Altcoin Season indicator flashing positive signals, analysts are urging traders to prepare for potential explosive gains.
Also Read: Michael Novogratz Praises John Deaton’s Defense of Ripple in SEC Lawsuit
Market watchers highlight that while dips can trigger short-term panic, they often provide key entry points ahead of major rallies. The current environment suggests that the next leg higher for altcoins could be imminent, with SUI positioned as one of the cycle’s strongest contenders.
With Ethereum’s strength fueling broader market optimism, altcoins like SUI are emerging as top candidates for significant upside. If momentum holds, SUI’s $7 target could be just the beginning, marking a pivotal moment in the upcoming altseason.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
