Bitcoin (BTC) 
$88,289 price is moving contrary to expectations ahead of the Fed meeting, negatively impacting altcoins. We are familiar with such volatile movements before each Fed meeting, but this time bears remain strong despite the upcoming FOMC decision on interest rate cuts after four years. Let’s take a closer look at the charts for SEI, SUI, and ETH as analyzed by various crypto commentators.
SEI Coin Chart Analysis
Today, SEI Coin is on the agenda of two different crypto analysts. Recently, interest in altcoins has waned, increasing competition and leaving assets like SEI, SUI, and TIA Coin in the shadows. What are the analysts predicting? Michael Poppe, a well-known name in technical analysis, recently highlighted SEI Coin in a chart shared about an hour ago.
Poppe expects a strong rally upwards, anticipating a rise to $0.4437. However, considering the weakness of BTC, he also evaluates the possibility of testing the $0.204 and $0.240 regions.
Another analyst discussing the same altcoin shares similar targets. He hopes for a rise to $0.44, provided the price remains above $0.291. The chart shared by The Gem Miner indicates the rally’s pause points along the way.
ETHBTC Chart Analysis
Yesterday, ETH dropped below 0.04 BTC, marking its worst price since April 2021. We noted the risk of deeper dips if this region could not be reclaimed. Today, the anticipated “worse” scenario is unfolding as the ETHBTC pair tests the 0.038 level, with the risk of further descending toward 0.033 BTC.
Analyst Ran Neuner, who shared the above chart, expressed that he did not expect this severity. The combination of ETH inflation and lack of interest in altcoins has contributed to this scenario. Short-term investors are now trying to capitalize on BTC volatility, even selling their ETH assets to meet short-term goals.
SUI Coin Price Prediction
The third altcoin of the day is SUI Coin, highlighted by The Gem Miner. Despite being overshadowed, an important detail exists. These assets, which have not experienced a real bull season, may attract cash that has been wasted on speculative meme coins. Even with increasing competition, these projects have reached a certain level in building their ecosystems. Investors may consider giving a chance to assets like SUI Coin, which have emerged from bear markets.
The analyst states that the price above $1 may experience a sharp rise to $2.19 shortly, with the Shark Bull pattern on the chart contributing to this optimism.
