The age-old crypto adage, “A rising tide lifts all boats,” is ringing truer than ever as Bitcoin pushes past the $90,000 threshold, triggering a wave of bullish sentiment across the broader crypto market. Among the most notable gainers are altcoins within the SUI ecosystem, where tokens like Walrus (WAL), DeepBook (DEEP), and Cetus Protocol (CETUS) are posting substantial gains.
Let’s dive into the latest price action and what could be next for these emerging SUI tokens.
Walrus (WAL) Eyes Breakout Above $0.505
WAL has gained 22% over the past 24 hours, now trading just shy of the critical $0.505 resistance zone. This is the second attempt this month to break through this barrier. If successful, WAL could extend its rally toward $0.547, and potentially $0.600 if momentum holds.
However, failure to breach this key level could trigger a correction. A fallback to $0.447 would jeopardize the current uptrend, and any move below that may push the price as low as $0.389, putting bulls on the defensive.
DeepBook (DEEP) Soars 116%, Best Performer in the SUI Ecosystem
DEEP token has exploded by 116% in just 24 hours, now trading at $0.194, making it the top-performing SUI altcoin. With strong technical momentum, DEEP is now targeting the $0.230 resistance. A clean breakout here could open the gates toward $0.304, representing a potential multi-month high.
Support sits at $0.170, and losing this level could derail the rally, sending DEEP spiraling toward $0.128. Nonetheless, investor interest remains high amid ongoing bullish sentiment.
Cetus Protocol (CETUS) Hits Multi-Month High at $0.142
CETUS price surged 38%, marking a two-and-a-half-month high and demonstrating its strongest momentum in weeks. Currently consolidating above $0.142, CETUS is gearing up to challenge the $0.150 resistance level. A confirmed breakout could trigger fresh gains and reinforce its bullish outlook.
But caution is warranted. Failure to hold $0.142 as support may see a drop to $0.131, with further downside risk toward $0.120 if bearish pressure intensifies.
Final Thoughts: Bitcoin’s Rally Breathes Life Into Altcoins
With Bitcoin reclaiming $90K and dominance reaching a 4-year high, its positive momentum has spilled over into SUI network tokens. The next few days will be critical in confirming whether this uptrend is sustainable or if profit-taking will stall the rally.
For now, WAL, DEEP, and CETUS remain three of the most compelling SUI tokens to watch this week as they continue riding the wave of broader crypto market optimism.
