It seems you are also preparing to invest heavily in SUI?
mystry-蛋先生
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Sui's form is still pretty good at the moment, sitting above the weekly support.
However, it still lacks a weekly oversold signal, so we can just wait. If it doesn't break down with another dip, then we have weekly support + oversold + bottom divergence,
which would directly replicate last year's trend. At that point, the cost-performance ratio would be maximized. Just add to your watchlist and wait: #sui
I'm confused, how should China handle this now? 😭 Great power competition, with the Eastern power taking the lead to confront directly. Trump raised tariffs today and immediately retaliated tomorrow, seemingly waiting for the US stock market and the job market to collapse, hoping Trump will back down. Unexpectedly, Trump is so 'flexible', directly pulling the rug out from under everyone, temporarily exempting the whole world from tariffs, leaving only China with them. I estimate that even the Chinese and retail investors from various countries are quite confused. Can one act like this? Messing around?
However, let's not underestimate China's wisdom. Previously, a product worth 10 yuan had a tariff of 2 yuan. Now, when exporting, they might declare the price of this product at 3 yuan (while it's still actually 10), so with a 100% tariff, they would only add 3 yuan in tariffs. This method could be a way to evade taxes, and some local governments might just turn a blind eye.
Currently, I'm focused on whether China will continue to retaliate proportionately today. However, I think since Trump has acted this way, China will likely find a way to start negotiations, as this tax rate is unsustainable. Ultimately, it will certainly be reduced through some negotiations. Shuqin hopes this storm can end soon.
The callback of $sui last night caused me to lose a bit of sui, fortunately I bought back some last night, and this morning I started to place orders to gradually sell a little sui!