$SUI This round of rebound is very powerful, surpassing Ethereum, SOL, DOGE, and a series of other coins. However, it has already rebounded to an important range, reaching a densely concentrated area of chips.

Additionally, there will be a large-scale unlocking of funds at 2.28% tomorrow, totaling a massive $262 million. If it wants to break through, it will need explosive positive news, such as ETF narratives or Grayscale submitting applications.

Those chasing the rise in the short term should reduce their positions; there's no need to chase the tail end of the market. Even if it breaks through 3.7, the pressure at the upper $4 integer range is still heavy. For those who wanted to enter but haven't, it's better to wait for a pullback and accumulate in batches. In the short term, 3.3-3.2 is possible, and in the medium term, pay attention to the pullback position at the $3 integer level.

In the past few days, the market has also issued a considerable amount of stablecoins, along with MicroStrategy increasing its $BTC holdings. Bitcoin has remained high, and while the technical pattern shows a correction, it has not yet broken below the 93000 range. It has been consolidating for a long time, so we will see what the data release at the beginning of the month brings. Will it drop sideways and then surge again, or will it pull back to 90000 to confirm? What do you guys think?