In a market searching for direction, a closely-followed crypto analyst is signaling a potential turnaround for select altcoins. The analyst, known pseudonymously as Bluntz, who previously earned the title of “Master Trader” on the Bybit exchange, has shared a bullish outlook with his 321.600 followers on X, pinpointing significant upside for Sui (SUI) and Pyth Network (PYTH).
His analysis suggests that after a period of correction, certain digital assets are now showing technical signs of a strong recovery.
The Case for a 98% Surge in Sui (SUI)
Bluntz’s analysis suggests that SUI, the native token of a prominent Layer-1 protocol often positioned as a challenger to Solana (SOL), is on the verge of a substantial rally. His forecast is grounded in Elliott Wave theory, a method used to predict market trends by identifying patterns in crowd psychology.
According to his charts, SUI has completed a corrective “ABC” pattern and is now beginning a new five-wave impulse upward. This technical setup leads Bluntz to predict a potential 98% surge from its current price of $2,77 to a target of approximately $5,50. “A lot of alts starting to look crazy good here, SUI definitely one of them,” the analyst commented.
| Cryptocurrency | Current Price | Predicted Target | Potential Upside |
| Sui (SUI) | $2,77 | $5,50 | +98% |
Pyth Network (PYTH) Poised for a Bounce
The analyst’s attention also turned to an asset within the Solana ecosystem: the decentralized oracle Pyth Network. Bluntz highlighted a bullish divergence on the weekly chart for PYTH, a technical signal that often indicates waning downward momentum and a potential trend reversal.
Given the recent significant downturn across the entire Solana ecosystem, Bluntz believes a sharp recovery could be imminent for key projects. “Liking PYTH here,” he stated, suggesting that the coin “could easily 2x in the blink of an eye.” This implies a rally of at least 100% from its current price of $0,105.
These predictions come as many investors are scouring the altcoin market for undervalued assets after a period of widespread price corrections. Bluntz’s analysis points to specific technical formations that could signal the start of a new recovery phase for these tokens.
Disclaimer: The opinions expressed in this analysis are not investment advice. Investors should conduct their own due diligence before making any high-risk investments in cryptocurrencies or digital assets. All transfers and trades are undertaken at your own risk, and any losses you may incur are your own responsibility.
