SUI-USDT Analysis: Current Situation

📈 Current Price and Trend

The current price of #SUİ is approximately 3.1598 USDT, showing a slight downward trend in the last hour. The most recent data indicates that:

* In the last 60 minutes, #sui has decreased from 3.1878 USDT to the current level.

* Moderate selling pressure is observed with variable trading volumes.

🔍 Recent Movements

In the last hour, #SUİ has experienced a series of small consecutive declines:

* Drop from 3.17-3.18 to approximately 3.16 USDT.

* Highest trading volume during the decline periods.

The price has found some temporary stabilization around 3.16 USDT.

📰 Relevant News Affecting the Price

The market of #SUI🔥 is being influenced by two important news items:

1. The SEC has extended the review period for the SUI spot ETF, submitted by Canary Capital, creating regulatory uncertainty.

2. Recovery of trust - Despite the vulnerability detected in the Cetus protocol, analyses indicate that the issue was not with the SUI blockchain or the Move language, but with the specific implementation of the contract.

💡 Conclusion

The market seems to be assimilating this news, with slight downward pressure reflected in the current price.

This information is for informational and educational purposes only. Do your own research before investing in this or any other project.

Will the price of #SUI go down or up?