The crypto market sentiment improved this week, with several large cryptocurrencies recording double-digit gains. Bitcoin’s rally past the $95,000 resistance is the highlight, with altcoins like Official Trump and Sui outperforming most others.
Bitcoin’s decoupling from stock, the comeback of the digital Gold narrative, and Trump’s softening stance on tariffs supported this week’s gains.
Bitcoin, altcoin weekly performance
Bitcoin (BTC) is currently hovering under $95,000, a key level for the most prominent cryptocurrency. At last check Saturday, BTC was down 0.45%, trading at around $94,358.49.
Observers noted that it recovered from its most recent flash crash, where the asset slipped to its lowest level in nearly five months.
With Bitcoin back above key support zones, traders eye the $100,000 milestone and a re-test of the all-time high in the coming weeks. Demand for crypto remains strong, and sentiment is turning positive. For the first time in several weeks, traders are “greedy”, as seen on the Fear & Greed Index at Alternative.
Altcoins followed in Bitcoin’s footsteps and recovered losses. Most cryptos posted double-digit rallies this week, erasing losses from the BTC flash crash in the second week of April 2025.
TRUMP, SUI outperform
The Official Trump token (TRUMP) and Sui (SUI) are two tokens that outperformed most other altcoins with their seven-day gains, 79% and 70% respectively. Technical indicators for the two tokens show likelihood for an extension of their rallies in the coming weeks.
The price of President Donald Trump’s meme coin surged only after it was announced that the top 220 holders would be invited to a gala dinner with him next month, with the top 25 also attending a VIP reception and White House tour.
The White House crypto office said it isn’t associated with the event, and the dinner could personally benefit the Trump family by boosting the coin’s value.
Despite the rally, $TRUMP remains well below its $75 peak from January.
Still, as risk appetite grows among traders, TRUMP and SUI holders stand to gain and see profit-taking opportunities if the upward momentum in the two tokens is sustained.
Bitcoin and altcoins are set to close a strong week while Trump softens his stance on tariffs and maintains support for U.S. Federal Reserve Chair Jerome Powell. The digital Gold narrative is making a comeback as Bitcoin decouples from tech stocks and traders’ portfolios could benefit from adding a safe-haven asset structurally different from equities.
Institutional demand is up
While altcoins steal the limelight with double-digit rallies, institutional investors warmed up to Bitcoin and U.S. Spot Exchange Traded Funds recorded the strongest week of inflows in 2025.
Institutional clients are pouring capital into Bitcoin Spot ETFs and gearing for the impending approval of altcoin ETFs, with a pro-crypto SEC and Chair Paul Atkins in office.
As U.S.-China tensions cool, institutions quietly drive demand for BTC, citing two key properties of the asset, “inflation resistance,” and its “scarcity.”
Sovereign wealth funds, banks and asset managers are interested in Bitcoin, while institutions like Semler Scientific follow in the footsteps of Michael Saylor’s Strategy in 2025.
Santiment shows…
On-chain data from Santiment shows TRUMP noted a large spike in social dominance and an uptick in trade volume — likely due to the gala invite.
For SUI,, there has been a significant increase in Open Interest as the total value of open positions in SUI across derivatives exchanges, and a rise in volume.
On-chain indicators support the gains in TRUMP and SUI and suggest an extended price rally in the coming weeks.
TRUMP rallied about 16% in the past 24 hours; SUI is down roughly 8.35% in the past 24 hours.
TRUMP, SUI price forecast
TRUMP has been consolidating under resistance at $18.22 for the past month. Two key momentum indicators on the daily timeframe, RSI and MACD support gains in TRUMP. RSI reads 69, shy of the “overvalued” or “overbought” level at 70 and MACD flashes consecutively taller green histogram bars above the neutral line.
If TRUMP’s positive momentum is sustained, the meme coin could flip resistance into support and rally 34% to test $18.22, a sticky level for the token. Two key resistances on TRUMP’s path as it breaks into a rally are $22.42 and $30.60.
SUI trades at $3.5791 at the time of writing. The DeFi token could extend its rally by another 12% and test resistance at $4.0105, for the first time since February 2025. The $3.8588 level, a lower boundary of a Fair Value Gap on the daily price chart, is a hurdle in the token’s uptrend.
SUI could find support in the FVG between $2.7488 and $2.8950, in the event of a correction.
The MACD, one of the two key momentum indicators, supports gains in the token and implies an underlying positive momentum in SUI’s uptrend.
RSI is currently in the “overbought” zone above 70, this generates a sell signal. However, unless other indicators point at a trend reversal, SUI could extend its price rally.
Why altcoins could rally soon
Bitcoin’s recent gains and return above the $95,000 level could be a fleeting moment in the market cycle since on-chain data shows that BTC demand is still contracting, though not as fast as before.
CryptoQuant data shows that momentum from new investors has dropped sharply and hit its lowest level since October 2024.
While ETF flows may have steadied for now, liquidity growth is below market expectations and this is not a recipe for a sustained price rally in Bitcoin.
A slowdown in Bitcoin could direct capital to altcoins, paving way for a rally, sustained gains in meme tokens and alternative cryptocurrencies until BTC demand rises.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
