Not every drop is the end,
Sometimes, it's the last liquidation before takeoff.
CETUS was hacked, SUI fell nearly 20%, but this is not the final chapter of the story.
In the past 8 days, SUI has pulled back from 4.18 to 3.32,
The market is in disarray, emotions have fallen into pessimism,
But behind the hacker incident - the CETUS recovery plan has received over 90% validator support,
Capital is about to recover, and confidence is being rebuilt.
The ETF is the true variable for SUI.
After Canary, 21Shares also applied for SUI spot ETF,
Under the push of the bulls, SUI is moving towards institutional channels.
The significance of the ETF is not just 'good news',
but rather the game-changer of the rules.
It transformed crypto assets from 'chips for retail trading',
It has turned into 'an asset for capital allocation'.
What is bearish is the price, what is fermenting is the emotion, what is invisible is the opportunity.
CETUS recovery, ETF application, bullish flag pattern, institutional interest...
Under multiple overlapping catalysts, analysts predict SUI may challenge 5.37 around mid-year,
It may even touch the $10 mark by the end of the year.
The question is: do you believe in fundamentals, or do you follow the emotions?
The key to this upheaval is not SUI itself,
and whether you have the vision to go against the cycle.
Welcome to share in the comments: do you think SUI can break through $10 in 2024?
You are the 'hunter' who enters during panic,
Are you still the 'retail investor' who waits until the heat returns to take action?
