Last night, XRP and SUI both retraced by 5-7%. Spot trading can still be averaged down. It's not like in the past when a drop of 15-20% was necessary to average down. Including BTC, it’s already impossible to see a large retracement at this position. Because if it has a significant retracement, the bull market would end. The higher it climbs, the faster it will plunge down in free fall, so as long as BTC's market remains sideways or trends upwards, it’s the best gift for mainstream altcoins.
If SUI breaks 4.5 in July-August, then we look to 5-6. Currently, some in the market are seeing it at 12-15. Although it seems a bit exaggerated, it's not impossible. It all depends on the level of market frenzy after the interest rate cut at the end of September and the peak in October. Short-term spot trading definitely won't be very profitable because the retracement is limited. To truly make money, we can only gamble on October.