Happycoin.club - Analyst Michael van de Poppe expects the continuation of the bull rally in the altcoin market, which started in early April 2025.
The capitalization level of altcoins has risen to $925 billion after the standard transformation of the resistance zone into a support zone [S/R flip]. I believe that a slight consolidation will occur before the next upward breakout towards a new all-time high, - wrote Van de Poppe.
Judging by the chart of altcoin capitalization changes published by Michael, the support barrier is located at $783.9 billion, which previously acted as a resistance zone. The total value of all cryptocurrencies excluding Bitcoin reached a peak of $1.7 trillion in November 2021, and now it stands at $1.2 trillion. Accordingly, Van de Poppe predicts at least a 42% increase in the price of altcoins.
The chart of altcoin market capitalization fluctuations compiled by Michael
According to the expert, one of the leaders of the bull rally in the digital asset market will be Sui (SUI), which has increased by 75% over the past month. Van de Poppe believes that the coin's price will continue to rise due to the influx of capital into the ecosystem, as evidenced by the record number of cryptocurrencies locked in DeFi within this altcoin's network. In this regard, Michael calls investments in Sui an excellent decision that will pay off over the next few years.