#StablecoinLaw What are the price trends and key levels of SUI? Technical analysis from TinTucBitcoin confirms that SUI has shifted to a short-term downtrend after breaking the accumulation zone around $4.20. If the price continues to drop, SUI may reach support at $3.40.
An increase of about 30% will be feasible if SUI closes the daily candle above $4.20, with a potential price target of $5.50, but only if this signal is confirmed. CEO TinTucBitcoin, 19/07/2025 The RSI index of SUI has decreased to 61 from the overbought zone, suggesting that the upward momentum is weakening, indicating a possible accumulation phase or short-term price correction.
What is the current price strength of SUI? Currently, SUI has decreased by about 7.5% in the past 24 hours, with the price hovering around 3.77 USD. The trading volume has also decreased by 26%, indicating a withdrawal of investors after a hot surge of 34% this month.
The trend of decreasing volume accompanying price adjustments is a cautious signal; investors may shift towards other cryptocurrencies such as Ripple (XRP) and Avalanche
MAIN CONTENT SUI increased by 34% before facing selling pressure and decreased by 7.5% in the last 24 hours. Technical analysis shows that SUI is in a correction trend with support around 3.40 USD and resistance at 4.20 USD. The outflow of funds from the exchange reached 50 million USD, reflecting long-term accumulation and expectations of further growth.
$SUI SUI has increased by 34% in the past month but is currently under short-term selling pressure, with the potential for price adjustment.
Combined with approximately 50 million USD of cash flow leaving the exchange, SUI shows signs of long-term accumulation, laying the groundwork for a potential increase back above the 4.20 USD mark.$ETH
The Central Bank of Brazil believes that emerging countries within the BRICS bloc are unlikely to build sufficiently large markets to undermine the dominant role of the USD in the next 10 years. This statement was made by the Director of Monetary Policy Nilton David on Monday.
"Currently, there are no assets denominated in BRICS that are large enough to replace the USD. I think that will not change in the next decade," Mr. David remarked.
This official acknowledged that alternative payment instruments may become more common, helping to boost bilateral trade agreements. However, that is not enough to weaken the role of the USD in the near future.
BRICS is an acronym for a group of large emerging economies consisting of Brazil, Russia, India, China, and South Africa. These countries cooperate to address global issues. Recently, this group has expanded by adding 6 members including Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates.
In February, Reuters reported that under Brazil's rotating presidency of BRICS this year, the bloc would temporarily shelve plans to establish a common currency. Instead, the bloc is focusing on reducing dependence on the USD, such as connecting payment systems and researching blockchain standards set by organizations like the Bank for International Settlements (BIS).
U.S. President Donald Trump has repeatedly warned the BRICS group not to challenge the dominant position of the USD.
Established in 2009 and soon expanded with the inclusion of South Africa, BRICS is increasingly becoming a diplomatic counterweight.
#CryptoRegulation The GOVERNMENT OF VIETNAM has been negotiating and proposing a draft on the management of cryptocurrency and electronic assets. One positive thing is that they have stopped the nonsense of condemning cryptocurrency, which is a very good signal. However, a quick look at the draft reveals it to be quite crazy. I hope they don't exploit too aggressively. I am waiting to see how things unfold in the coming time. But I hope they don't try to manage it too much. As for me, if I get scammed or fooled in this market, I accept the consequences without needing their management.
$BTC Bitcoin continued to decline on Thursday but still remained near a three-week high as investors awaited a crucial U.S. inflation report for clues on the Federal Reserve's interest rate outlook. The world's largest cryptocurrency fell 1.3% to $102,422.5 at 02:02 ET (06:02 GMT). The token is supported above the important $100,000 level, driven by optimism about easing trade tensions, although uncertainty still looms that has restrained gains this week. Bitcoin is supported by easing trade tensions; awaiting U.S. PPI data Global markets recorded an increase in risk appetite this week as trade tensions between the two largest economies eased. A joint statement on Monday from the U.S. and China about temporarily reducing tariffs helped alleviate fears of a global economic downturn. Furthermore, U.S. consumer price index data released on Tuesday came in lower than expected, easing concerns about inflationary impacts from trade tariffs. These developments reinforced expectations that the Federal Reserve will cut interest rates this year, however, caution remains due to concerns about the potential for inflation to accelerate again amid tariff risks.
$BTC Although this is not the all-time high for this currency, it is an important price point that could influence the next peak of this leading cryptocurrency by market capitalization.
According to the Binance exchange, at 8:05 AM on May 12th, according to Vietnam time, the price of Bitcoin rose by 0.34% to 105,032 USD, before dropping to 104,495 USD a few minutes later.
In the past week, more than 30,072 bitcoins, worth over 3.13 billion USD, have been purchased, signaling an accumulation move by investors. However, the long-term trend indicates that long-term holders are beginning to sell off.
The fluctuations are recorded against the backdrop of Bitcoin's price approaching an important psychological threshold, known as being within the support and resistance zones. This is a price level heavily influenced by the psychology of investors, such as herd mentality, greed, fear, and hope.
While Bitcoin (BTC) surpasses the 100,000 USD mark and attracts the attention of the entire market, large investors – also known as whales – are focusing their efforts on altcoins.
Advertisement According to the on-chain data platform Nansen, in the past 24 hours, the most purchased cryptocurrencies were not BTC or ETH, but WBTC, Chainlink (LINK), Ondo Finance (ONDO), Lido DAO (LDO), and PEPE.
You can lie to others, but you cannot lie to yourself. Our lives only progress when we seize opportunities. The first opportunity is also the hardest one we can grasp, which is to be honest with ourselves.
Although this is not an easy task, you must face them. No one has the ability to perfectly handle every issue they encounter. We also cannot immediately resolve a difficulty completely.
Crypto Comeback – ETH explodes along with Bitcoin] The crypto market is truly back in the race. Bitcoin has surpassed the $100,000 mark, while Ethereum (ETH) has surged to over $2,220, recording an impressive increase of more than 20% in just 24 hours. The reason? The successful deployment of the Pectra upgrade, which improves processing speed and optimizes staking, making ETH more attractive in the eyes of long-term investors. At the same time, the amount of ETH withdrawn from exchanges is increasing, indicating a strong accumulation trend. Not just BTC and ETH, many altcoins are also stirring as large institutional money flows into the market. FOMO is starting to appear, but this time it's a selective kind of FOMO – investors are more cautious, data-driven, and long-term focused. The crypto comeback is no longer a prediction – it is happening. But to go far, the market needs more endurance. Do you have a plan yet?
$BTC After many months of adjustments, Bitcoin has just surged in price, surpassing the 100,000 USD mark as its market dominance exceeded 60%, reflecting the optimistic sentiment of the community.
On the morning of May 9 (Vietnam time), each Bitcoin (BTC) is being traded around the price range of 102,000 USD per token, the highest level since January this year. This special price adjustment occurs as Bitcoin's dominance rate skyrockets to 60%, indicating that market heat is returning.
#BTCBackto100K Bitcoin spot ETFs in the US have attracted a net inflow of $5.3 billion in the past three weeks. After excluding arbitrage trading from hedge funds, the actual cash flow remains above $4 billion – indicating that the current rally is driven by real capital. 💼 MicroStrategy (MSTR) currently holds 555,450 BTC (~2.6% of the future total supply) and is planning to raise $84 billion to continue buying BTC. If successful, the company could own over 6% of the total supply! 🏛️ Other major institutions have jumped in: The Abu Dhabi National Fund is holding BlackRock's ETF. The central banks of Switzerland & Norway have revealed purchases of MSTR shares. The state of New Hampshire (USA) has just passed a strategic Bitcoin reserve bill – a clear sign of BTC-supportive policy at the state level. 📅 The upcoming 13F report next week is expected to reveal more large funds that are “quietly” accumulating BTC. 📌 In conclusion: With strong cash flow momentum and favorable policies, the $120K target may just be a stepping stone – Standard Chartered still maintains its year-end target at $200K.
#BTCBreaks99K According to analyst Benjamin Cowen, this reflects a 'safe haven' mentality during a period of macroeconomic instability.
Bitcoin's dominance rate could rise to 66%
Cowen predicts that Bitcoin dominance could soon exceed 66%, indicating that BTC is gradually capturing a larger share of the entire cryptocurrency market.
#StripeStablecoinAccounts On the first day, users from over 70 countries utilized this feature, highlighting the global demand for alternative payment methods. Transactions were converted to US dollars and stored in the Stripe wallet, with a fee of 1.5%—lower than traditional card processing fees. This move follows Stripe's acquisition of Bridge, a $1.1 billion stablecoin infrastructure platform, enhancing its cryptocurrency capabilities. By integrating stablecoin payments, Stripe aims to provide fast solutions.
$BTC Altcoins face the risk of severe depreciation as BTC continues to dominate!
Cash flow is tightening, investors prioritize Bitcoin.
In the context of ongoing quantitative tightening (QT) policies draining liquidity from the global market, investors are tending to shift capital towards Bitcoin instead of pouring it into altcoins.
$USDC Large brokerage firms in Asia allow customers to trade stocks using USDT and USDC. Many traditional financial companies around the world are moving towards experimenting with cryptocurrency.
These developments reflect the growing acceptance of cryptocurrency and signal a new integrated era between traditional and digital finance.