• SUI is at $4.60, with a rising trendline hinting growth in 2025.
• ADA has dropped over 12%, with key support and resistance levels shaping its next move.
• TIA and TAO’s price drop offers a discounted buy opportunity.

Bitcoin is undergoing a major selloff, marking its biggest drop since the start of 2025. Altcoins are also being sold off at discounted prices. However, large buyers are stepping in to capitalize on the dip.

With many cryptocurrencies facing double-digit losses, this could be a chance to “buy the dip” opportunity, especially before President Trump’s inauguration, which might bring a more crypto-friendly environment.

Cardano (ADA) Struggles Below $1

Cardano has declined more than 12% in the last 24 hours and at the time of writing, and now is trading below the $1 level. Despite the drop, ADA remains above its key support level.

As long as the low formed at 96.4 cents holds, ADA could still follow the bullish scenario. However, a deeper pullback could occur, with key support levels between 85.8 and 93 cents. Resistance levels are between $1.10 and $1.20, with additional levels at $1.50 and $1.70 to watch. 

Chainlink (LINK) Fights for Support

LINK is currently holding above its support area, with no changes to the overall market structure. The altcoin is down by more than 7%, trading around $20 levels.

If the decline continues, it could dip below its monthly low of $19.72 offering a compelling ‘buy the dip’ scenario for traders.

Bittensor (TAO) Faces Volatility

TAO has been hit hard, dropping more than 15%, and settling at around $460. Negative market sentiment and heightened volatility—measured at 10.49%—are driving the downward pressure.

The first key resistance level for TAO is at $474.24, and it needs to close above this level to continue moving higher. On the downside, the bottom support is located at $407, which is a critical level for any reversal or further declines.

Celestia (TIA) Presents Discounted Buy Opportunity

Tia is trading at $4.59 but has been under pressure due to an increase in token supply, which has negatively impacted its value. 

Its support level is at $4.50, and it needs to stay above this to have a chance to rise toward $5, 5.50 and $6. If it fails to break above $5.5 or drops below $4.5, the price could decline further, making it a discounted buy. 

SUI (SUI) Holds Strong at $4.60

SUI is trading steadily at a crucial price point of $4.60. The token’s chart indicates potential growth in 2025, supported by a rising trendline that acts as a critical level for maintaining price stability.