SUI High-Level Collapse, Short Sellers' Profits Soar, Have You Missed the Boat on This Wave?
After reaching a peak of 3.38, SUI quickly fell back, with short-selling pressure clearly increasing. Falling below key moving averages indicates that the market is still facing downward pressure. In the short term, shorting at highs has become the mainstream strategy, and the spread of bearish sentiment is putting pressure on prices. Meanwhile, the Federal Reserve's cautious stance on future monetary policy and expectations of liquidity tightening are also putting continuous pressure on highly speculative assets, reducing the market's risk appetite. There are no signals of capital inflow for SUI yet, and further declines seem inevitable. Considering the current market conditions, SUI's future may still be full of challenges.
