【币界】This week Sui’s performance is a bit interesting——with a redemption volume from exchanges exceeding 17.17 million USD, such significant outflows often indicate that institutions or major holders are accumulating at lows. The price has also been quite strong, rising 6.35%, now at the 1.64 USD level.
There are two main catalysts behind this: firstly, it being included in the Bitwise 10 Crypto Index ETF (BITW), which still enjoys good recognition; secondly, market sentiment is indeed warming up, and traders are quite bullish.
From a technical perspective, short-term liquidation levels are stuck at 1.512 USD and 1.694 USD. To manage risk, these two levels should be watched closely. However, if the daily chart can hold above 1.75 USD and close, it might trigger a stronger upward move——based on current technical patterns, the upside potential could reach around 2.20 USD, nearly a 26% increase. Of course, the premise is that the price can effectively break through and hold steady.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Các tổ chức lớn đang tích trữ ở vùng thấp, được hỗ trợ bởi ETF, nhịp điệu này khá quen thuộc... Nếu giữ vững mức 1.75 thì 26% cũng không phải là mơ, nhưng để thực sự chạy thì còn phụ thuộc vào cảm xúc thị trường có thể giữ vững được không
Sui trong tuần đã thu hút hơn 17 triệu USD, các chỉ số kỹ thuật cho thấy có thể tăng 26%
【币界】This week Sui’s performance is a bit interesting——with a redemption volume from exchanges exceeding 17.17 million USD, such significant outflows often indicate that institutions or major holders are accumulating at lows. The price has also been quite strong, rising 6.35%, now at the 1.64 USD level.
There are two main catalysts behind this: firstly, it being included in the Bitwise 10 Crypto Index ETF (BITW), which still enjoys good recognition; secondly, market sentiment is indeed warming up, and traders are quite bullish.
From a technical perspective, short-term liquidation levels are stuck at 1.512 USD and 1.694 USD. To manage risk, these two levels should be watched closely. However, if the daily chart can hold above 1.75 USD and close, it might trigger a stronger upward move——based on current technical patterns, the upside potential could reach around 2.20 USD, nearly a 26% increase. Of course, the premise is that the price can effectively break through and hold steady.