The start of a new altcoin season could play a key role in sending SUI toward $5.
Key point:
Growing interest in altcoins could push SUI above the stiff overhead resistance at $4.30, setting up a rally to $5.
Bitcoin (BTC) has been consolidating after hitting the all-time high of $123,218. Although BTC has not given up much ground, its falling dominance of the total crypto market capitalization shows that money is flowing into altcoins.