CandleFocus Cryptocurrencies to watch this week: Optimism, Bitcoin, Sui
2025-02-23
Author: Content Editor
Last week, cryptocurrency prices were mixed due to concerns about tariffs, interest rates, and a recent hack. Bitcoin remained below $100,000, while Ethereum fell below $3,000. The crypto fear and greed index was neutral, and Bitcoin's dominance was at 60%. This article highlights that Bitcoin, Optimism, and Sui will be in the spotlight this week. For Bitcoin, technical analysis suggests a potential breakout or breakdown soon, with key support and resistance levels at $88,960 and $109,100 respectively. Optimism, a layer-2 project, will conduct a token unlock worth over $38 million, while Sui will unlock $111 million worth of tokens. Both projects face challenges but also show potential for rebounds in the future.
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