Analysts present trend analysis for favored altcoins
In addition to sharing favored altcoins, Miles Deutscher also made price predictions for these coins (he later added $AAVE, $RUNE and $ENA).
The following is a summary of the analysis of 3 coins with larger market capitalizations, which is for reference only and not for investment. The complete analysis can be viewed on Deutscher's Twitter.
Solana ($SOL) trend analysis
Deutscher pointed out that he is observing the stability of $SOL above $150. If there is a pullback, $120 to $130 is still the main buying area. He will choose to increase his position in this range, but this also means that Altcoins (TOTAL3) have failed to break through.
Near Protocol ($NEAR) trend analysis
Deutscher pointed out that $NEAR is a public chain project (Layer1) with AI as the development focus. From the perspective of technical analysis, it is breaking through the downward trend line since March this year. He already holds $NEAR and evaluates whether it will have the next wave of breakthrough gains.
Sui ($SUI) trend analysis
From the trend chart, $SUI has been strong recently and is expected to return to its historical high. Deutscher pointed out that if the altcoin market explodes, it is expected that the buying of $SUI will continue, but from a trading perspective, he will not enter the market now, but will wait until the heat subsides before considering adding positions.
