The price of SUI has broken through the $3.1 mark, with the current rise exceeding market expectations. This phenomenon may indicate that major funds have completed their strategic positioning. By analyzing on-chain indicators, it can be seen that the volume of transactions on decentralized exchanges and fund inflows are showing synchronized growth, indicating a healthy rise based on real demand. From a market technical analysis perspective, SUI has clearly broken through the previous resistance level, with bearish pressure gradually weakening, and the $4 price target is within reach. Market participants often follow this pattern: early arrangers can reap greater rewards; when the market sounds a unified bullish voice, it often means that the peak is near, and latecomers may face the risk of catching a falling knife at high levels. It is worth noting that the overall crypto market is showing signs of warming up, which provides a favorable environment for the movement of assets like SUI.
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The price of SUI has broken through the $3.1 mark, with the current rise exceeding market expectations. This phenomenon may indicate that major funds have completed their strategic positioning. By analyzing on-chain indicators, it can be seen that the volume of transactions on decentralized exchanges and fund inflows are showing synchronized growth, indicating a healthy rise based on real demand. From a market technical analysis perspective, SUI has clearly broken through the previous resistance level, with bearish pressure gradually weakening, and the $4 price target is within reach. Market participants often follow this pattern: early arrangers can reap greater rewards; when the market sounds a unified bullish voice, it often means that the peak is near, and latecomers may face the risk of catching a falling knife at high levels. It is worth noting that the overall crypto market is showing signs of warming up, which provides a favorable environment for the movement of assets like SUI.