SOL, AVAX, SUI and NEAR advance as Bitcoin price trades in the $90K zone
Bitcoin continued its rise, gaining over 12.5% in a week, with the price now around $90,000. Despite bear attempts to pull back, buyers have retained their position. If Bitcoin surpasses the resistance zone of $92,000 to $93,265, it could reach $100,000, potentially moving up to $113,331 thereafter. However, dropping below $85,000 could reverse the trend, possibly down to $80,791. Altcoins like Solana, Avalanche, Sui, and NEAR have mirrored Bitcoin's bullish momentum. Solana showed strength by overcoming the $225 resistance and aiming for $260. Avalanche rebounded from $30.60, targeting $41.80. Sui surged past $2.37, with potential targets of $4 and beyond. NEAR gained traction after breaking $4.71, attempting to breach $6.50. Investors are advised to remain cautious of profit-taking that could emerge if Bitcoin doesn’t secure a new all-time high.
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