Currently, the SUI/USDT market is stuck, with the price at $2.7334, an increase of only 3.46%, showing a state of being unable to rise or fall, which makes investors uneasy. From the chart, the price rebounded from $1.7174 to $4.2989 and then fell back, with a trading volume of 6,902,381 indicating a strong wait-and-see atmosphere in the market. Technical indicators such as MACD are flattening (DIF -0.1794, DEA -0.1395), and RSI is close to the midline, showing a balance of bullish and bearish forces, making it difficult to break through in the short term.

Recently, there have been no major unexpected news in the market, but the total locked value (TVL) of the Sui ecosystem has reached $1.8 billion, with a stablecoin supply of nearly $1.2 billion, indicating continuous growth in the DeFi sector, which provides potential support for the price. However, market sentiment is still affected by previous security incidents, and some investors remain cautious.