📉 Market Sentiment: Risk-Off
Global geopolitical tensions (notably US-China trade negotiations stalling) are sparking risk aversion across markets.
Broad-based declines in major altcoins: DOGE (-8.29%), LINK (-7.08%), ADA (-5.31%), and SOL (-5.17%) leading losses.
Stablecoins (USDT, USDC) remain pegged closely to $1, indicating capital preservation behavior.
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🔍 Token-Specific Highlights
🔵 SUI$SUI
Current Price: $3.4659 (-3.59%)
Overnight Low: $3.38 (down from $3.59)
Support: $3.40–$3.42 held strongly
Resistance: $3.48–$3.50 remains a barrier
Volume Spike: 545k units at 14:00 suggests strong trader activity at $3.43–$3.44 zone
🛠 Protocol Update:
Cetus Protocol (SUI ecosystem) exploit recovery plan approved—$162M in funds to be returned, backed by >90% validator vote.
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📊 Top Movers (24h)
🟥 Biggest Losers:
LINK: $14.38 (-7.08%)#LINK🔥🔥🔥
SHIB: $0.00001332 (-6.65%)#shiba⚡
ADA: $0.7037 (-5.31%)#ADABullish
🟩 Notable Gainer:
LEO: $9.2157 (+1.92%) – bucking the trend amid market selloff
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📈 Bitcoin & Ethereum$BTC
BTC: $105,526.14 (-2.00%) – pulling back slightly after strong rallies
ETH:$ETH
$2,599.23 (-2.79%) – mirrors broader altcoin weakness
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🧠 Takeaway
SUI is technically stabilizing around $3.40 support despite macro-driven volatility.
Investors appear cautious, favoring liquidity and safety until clearer signals emerge—especially in light of recovery narratives and escalating geopolitical risks.