SUI is all about the thrill! A giant whale secretly dumped 8 million SUI into Binance at dawn, then opened a $800,000 short position on OKX, clearly looking to harvest profits. The exchanges are even bolder; when the price crashed, they immediately pulled the plug, waiting for retail investors to panic sell before instantly pushing the price back up, creating a 'Heaven and Earth Gate' market — just when bottom buyers thought they were in the clear, the bears warned them right in the face: 'Get ready to go to zero!'
The technicals are even scarier, with the MACD dead cross sticking below the zero line, green bars looking ominous; the last time this happened, SUI plummeted to $1.2. The trading volume is also strange; the market is clearly quiet, yet funds are pouring in madly on-chain, and the borrowing volume for shorts on Bybit has broken records — anyone with eyes can see that this is a setup by the market makers, just waiting for retail investors to rush in and blow up!
The news is even more surreal; this morning, a partnership was announced, and the price only held for 3 minutes before it faltered; in the afternoon, a mainnet vulnerability was disclosed, leading to a direct 30% crash. In this market, good news is used as toilet paper, and bad news is treated like a nuclear bomb!
Now the question arises: Is $3.5 a golden pit or a mass grave? Bottom buyers think it’s a bottom, but the whales and exchanges are clearly playing games, and if one isn’t careful, they could get buried. This market either leads to riches or ruin; it all depends on whether you dare to gamble!
I am Mo Fei, serving only those with vision and ambition!