Shocking SUI major good news, about to reach a new high?

K-line pattern: Recent price fluctuations have been significant, with multiple instances of sharp rises and falls. Especially during the period from 20:00 on the 25th to 05:00 on the 26th, the price plummeted from 3.708 to 3.4782, followed by a rapid rebound to 3.6135, indicating instability in market sentiment. The K-line at 14:00 on the 26th formed a small bullish line, with the closing price slightly higher than the opening price, but overall fluctuations were small, suggesting that the market may enter a brief consolidation phase.

Technical indicators:

MACD: The DIF and DEA lines were both positive at 14:00 on the 26th, but the MACD histogram was negative (-0.0268), indicating that the market may face some pullback pressure in the short term. RSI: The RSI(14) at 14:00 on the 26th was 57.1378, in the neutral zone, not entering the overbought or oversold area, suggesting that the market may continue to oscillate in the short term. EMA: The price at 14:00 on the 26th was above EMA7 (3.5986) and EMA30 (3.5250), but EMA120 (3.0412) was still far below the current price, indicating that the medium to long-term trend remains upward, but a pullback may be faced in the short term.

Trading volume:

The trading volume at 14:00 on the 26th was 1,564,654, which decreased compared to the trading volume in the previous few hours, indicating a reduction in market participation and a possible entry into a consolidation phase. The trading volume from 20:00 on the 25th to 05:00 on the 26th was high, especially reaching 17,701,500 at 20:00 on the 25th, indicating that the market experienced significant fluctuations during this period, with a large amount of capital entering and exiting the market. #SUİ #加密货币总市值重回3万亿