Brothers, the market for SUI feels like riding a "crazy roller coaster". Just when we were pushing up with all our might, suddenly we took a dive, now stuck "halfway up the mountain", unsure whether we will break through the resistance ceiling at 3.65 or crash down to the support floor at 3.4? This suspense is making our hearts feel like they are being twisted into knots!

Retail investors today: "Expecting to get rich yet fearing significant losses", feeling very conflicted!

What is the sentiment of retail investors today? It can be described as a mix of "expecting to get rich, yet fearing a significant loss"!

A lot of positive news: technically it can withstand pressure and is safe, DeFi users and daily active addresses are skyrocketing, NFT and gaming are also heating up; institutions are rushing to get in, banks are complying, Grayscale is pushing trusts, and there are spot ETF applications, even Robinhood's listing is bringing in a wave of new retail investors. However, there are negative factors that lurk like "hidden dangers": the crypto market itself is volatile, and regulations are still unclear; in the Layer 1 race, old rivals like Ethereum and Solana are also watching closely, and there could be vulnerabilities in smart contracts; what's more concerning is that only 35.69% of tokens are circulating now, and with a bunch of tokens set to unlock in the future, it’s uncertain what could happen. It's like holding a "lottery ticket" for price changes, hoping for a big win while fearing it might just say "thank you for your patronage". Who among us retail investors hasn’t experienced this heart-wrenching feeling?

'The lifeline 3.55' is the key to today's victory or defeat!

Why so entangled? Look at the technical indicators and market sentiment, 3.55 is today's 'key to victory or defeat.' The bullish factors are 'upward thrusts': technical advantages, institutional layouts, and token distribution to resist manipulation, all of which can support SUI's attempt to break through the resistance level of 3.65; however, the bearish factors are 'downward pulls': market volatility, competitive pressure, and potential unlocking sell-off pressure. If 3.55 cannot hold, the support level at 3.4 must take over. In terms of capital and sentiment, institutions are active but retail investors can easily be scared off by volatility, so where the market goes today depends entirely on whether this 'lifeline' at 3.55 can hold!

Short-term operations: fixate on key positions, don’t be greedy!

Retail investors must engrave these key positions into their DNA:

  • The watershed: 3.55! If it holds at 3.55, follow the 'upward momentum' to charge, with the first target being the resistance level at 3.65; if it shows weakness while charging (for example, if the trading volume doesn't keep up, or if the K-line peaks and falls back), you must promptly take profit and exit.

  • If 3.55 cannot hold, don't hesitate, decisively withdraw, and wait to observe near the support level at 3.4 — note! This does not mean you should blindly catch the falling knife; you need to see if the support level can 'withstand the sell-off' (for example, if a bullish candle rebounds, or if the trading volume increases), and only consider entering again once it is confirmed stable.

  • Survival tip: Don't be greedy! Be willing to sell at the resistance level, and don’t rush into all-in at the support level; the crypto market changes faster than flipping a book, preserving your capital is essential for the next opportunity!

Today is a 'thrilling battle'; keeping close to the rhythm is essential to make profits!

In short, today for SUI is a 'thrilling and exciting battle of long and short positions'; whether you can profit from the market depends on how accurately you can keep the rhythm. Remember, the market can torment us countless times, but we must preserve our capital for opportunities!

Want to get this precise analysis down to the 'capillaries' in real-time? Quickly follow Qing Yao to help you find the most certain opportunities in the fog of ups and downs in the crypto world! The SUI market is like a roller coaster, stuck halfway up the mountain, will it peak or plunge? The suspense is high!#币安HODLer空投HOLO