SUI's rebound this round is indeed strong, surpassing multiple cryptocurrencies such as ETH, SOL, and DOGE. It has currently entered a high concentration area and is facing key resistance.
Tomorrow, SUI will unlock 2.28% (approximately $262 million), which is a significant amount. A major positive development, such as ETF progress or a Grayscale application, is needed for a short-term breakthrough. It is advised for those who are chasing to reduce their positions to avoid tail-end market conditions.
Even if SUI breaks through 3.7u, there will still be heavy pressure at the integer level of 4u. Those who have not entered the market can wait for a pullback, with short-term focus on 3.3-3.2u and medium-term viewing 3u for phased entry. Operate cautiously and control risk. $SUI