Big things are coming! Is SUI's $6 frenzy or $3 abyss?
$SUI is stuck at 3.44, with bulls and bears in a stalemate in the 3.30-3.44 range! This is also the crossover point of the 50-day and 200-day moving averages, as well as the focus of contention at the 23.6% retracement level. Holding above 3.30 may stabilize it; if it breaks below, we look at $3; if it holds above 3.44 and breaks through 3.64, then a rebound is initiated, targeting 4.63 or even a new high of 6!
There are significant bullish signals from the technical side: an upward channel on the daily chart + the 50-day moving average is about to cross above the 200-day moving average, forming a 'golden cross'; once confirmed, the upward trend will be more stable. However, the RSI is neutral at 55, so be cautious of Bitcoin's volatility affecting the pace.
On-chain funds are pouring in: TVL has broken $2 billion, up 13% in 30 days; stablecoins surged 22% in a week to $1.15 billion. The number of users is nearly 200 million, with the speed of new addresses growing over 35%, indicating vibrant ecosystem activity! Institutions are also not idle, with Nasdaq holding 76.27 million SUI, accounting for 2.5% of the circulation, showing strong confidence.
Bulls and bears are currently in a tug-of-war; breaking through 3.64 may trigger a short squeeze wall at 4.35, accelerating upward; AI collaboration + institutional staking entry are the bullish cards. However, the unlocking of 438 million coins in Q3 2025 is a hidden risk, and if Bitcoin falls below $115,000, altcoins will be under pressure.
The strategy is simple: hold above 3.44 + break through 3.64, directly follow the trend, targeting 4-4.63; if it falls below 3.30, reduce positions and wait for $3 to stabilize before taking action. For hedging, choose SUI/USDC liquidity mining, with an annualized return of 25%-40% to counter volatility.
Focus on the support at 3.30 and resistance at 3.64; on-chain data and institutional actions are the mid-term signals! Don't just look at the direction; getting the timing right is key!
Altcoins are about to experience an unprecedented explosion; I have already outlined strong coin bottoming strategies, which will be publicly disclosed soon. If you want to seize this opportunity, feel free to join in.
