Studied the recent trends of the $SUI token, two findings:

1. In the past, tokens were unlocked on the 1st of every month, so almost always, there is a significant probability of a price drop one day before or on the day of the unlock, or even two days after the unlock (this has almost always been the case), indicating that profit-taking sellers chose to sell off.

2. The two rounds of price increases at the end of April and the beginning of July this year both lasted 20 days. From April 22 to May 12, the low of 2.16 increased to 4.29. From July 9 to 28, it rose from 2.87 to 4.44. It is evident that as 0.55% of the shares are unlocked each month, the multiplier of the SUI token price increase is continuously decreasing. $CETUS

Speaking of this SUI treasury event news, the negative impact of the early sell-off is still too significant, as the daily K-line chart experienced six consecutive declines, which is very rare. I checked, and the last time there were more than six consecutive declines was on July 27, 2024, with a daily chart showing ten consecutive declines... $HAEDAL