$SUI Market Analysis: Strong Breakthrough, May is Promising!
SUI's recent strong rise shows no signs of exhaustion, truly a new era of excellence! Originally, I reduced some holdings around 3.6, hoping to buy back in the oversold zone, but the bulls were too aggressive, and the pullback was quickly recovered. I missed the opportunity by a step. Currently, it seems there may be some fluctuations during the May Day period, but May holds great potential to return above the previous high of 5 dollars!
Core Logic for the Rise:
1. Technical Breakthrough: On April 27, SUI announced a breakthrough of 300,000 TPS, achieving second-level transaction confirmation, causing market enthusiasm to soar.
2. Major Capital Inflow: #a16z made a midnight investment of 4.5 million dollars to purchase 15 million SUI, directly propelling the coin price to soar.
3. Ecological Explosion: The SUI chain's DeFi protocol NAVI attracted 320 million in a single day, with staking volume reaching an all-time high, and funds continuously flowing in.
Operational Strategy:
While the short-term trend is strong, I have reminded some positions to take profits for safety, waiting for suitable points to short, continuing to capture wave profits! Market opportunities are fleeting; keep pace to precisely strike! 🚀
Bullish in May, but be cautious of short-term pullback risks; flexible operation is key!
I will continue to monitor market trend analysis, accurately grasp market movements, and position accordingly at the right time. Take action now and grasp this wave of wealth opportunities with me!