Today I just looked at the abnormal K-line of SUI and felt it was not doing well. I will analyze it carefully later, just like last year when I assessed ETH and cleared out everything between 3500-4000. To conclude, I do not recommend holding SUI for the long term; you can take a swing trade, rebounds are possible, as long as your skills are solid!

Next, SUI will be removed from my observations.

The funds in the SUI public chain continue to flow out.

Every month, 57 million coins are released, and now 34% of the total supply has been released, with a total of 10 billion!

The effects of promotion have clearly diminished, and it has consecutively fallen for 6 weeks with weak rebounds.

It is possible that my assessment is wrong. If you firmly believe that SUI can reach 5, 10, or even 100, please hold onto your viewpoint. Do not hastily cut your losses to avoid regret after a reversal.

This viewpoint is merely a personal sharing and should not be taken as investment advice.