$SUI price surged 81% in two days before a rapid pullback, with bulls and bears fiercely clashing at the $3.75 life-and-death line—was this round of price surge a signal for institutional entry or a move by the main forces to raise prices for selling?
When 21Shares quickly submitted the SUI spot ETF application, on-chain account numbers skyrocketed 35% in 30 days to 190 million, and DeFi locked assets exceeded $2 billion,
the technical analysis has shown a symmetrical triangle breakout pattern combined with EMA20 and MA30 bullish alignment, targeting a price of $7.6.
However, the psychological barrier at $4.0 and the previous high pressure zone create a double blockade. At this moment, should you bet on the influx of billions of dollars triggered by SEC approval, or be cautious of the selling pressure risk brought by the foundation's address movements?
If a MACD weekly golden cross forms, it could replicate historical gains of 400%. The breakout direction after the Bollinger Bands contract will determine the direction of a one-sided market, while the SUI/SOL trading pair approaching the 0.047 critical level may further shuffle capital in the altcoin market.
However, be wary of signals indicating a sell-off from a single-day drop of over 7% or ETF rejection; in this smoke-free war, are you prepared to stand on the bull rocket or the bear meat grinder?
#以太坊连续两日领涨 is still wandering in the market like a headless fly, leaving comments in Xiao Li's comment section about where to enter, when to take profits, the most promising cryptocurrencies, and bull market strategies—all will be fed to you at the first opportunity! #山寨季何时到来?