SUI surges over 10% in 24 hours, on-chain data and technical analysis are singing the same tune

PriceOracleFairy · 2026-01-05T17:20:11+00:00

SUI tokens recently increased by over 10%, driven by TD Sequential buy signals, with the strength indicator reaching overbought levels. At the same time, the market successfully absorbed $60 million worth of token unlocks, trading activity remains high, and the total ecosystem value has surpassed $1 billion. Despite expectations of a SUI spot ETF, the current macro environment still carries uncertainties.

PriceOracleFairy

2026-01-05 17:20:11

Abstract generation in progress

【Crypto World】The SUI token has been trending these days. It surged over 10% within 24 hours, backed by a new buy signal on the TD Sequential weekly chart—this indicator is quite effective, having previously shown crazy moves of 388% and 617%. After rebounding from the support level of $1.32, the Relative Strength Index (RSI) soared to 78, firmly in the overbought zone.

On-chain data is even more interesting. The network successfully absorbed $60 million worth of token unlocks, and trading activity remains high—over 13 million trades in a single day, with the total value locked in the ecosystem surpassing $1 billion. These numbers tell one story: the fundamentals of SUI are heating up.

The market is also buzzing with rumors that a SUI spot ETF might be coming soon, which could give the price a boost. However, to be honest, the current market conditions and macro environment still carry uncertainties, and we shouldn’t assume everything is smooth just because of this recent rally.

SUI-0,7%

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AlphaBrain

· 01-08 13:03

RSI is already at 78, isn't an overbought condition supposed to pull back? SUI's recent surge was rapid; beware of a quick reversal and a dump, brothers. TD signals are reliable, but the spot ETF news is just a passing breeze; don't take it too seriously. Can the support at 1.32 hold? Feels a bit weak. On-chain data looks good, but I'm just worried that the whales might shake out retail investors' confidence. Is this really different this time? Or just the usual routine, let's wait and see.

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BlockBargainHunter

· 01-07 23:33

Oh my god, SUI's recent rally really can't be contained. The 1.32 rebound took off directly, and the RSI has already surged to 78. By the way, is this TD signal reliable this time? Are the previous two waves of 388% and 617% in history real or fake?

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BrokenYield

· 01-07 06:57

rsi at 78 screaming overbought but sure, let's pretend td sequential magic actually works this time. seen this movie before—ends with liquidation cascade, ngl

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ContractFreelancer

· 01-05 17:50

Hey, RSI is already at 78, and you're still willing to buy in? I'm thinking this might be another trap. SUI has been really strong these past two days, but the ETF hype might be overblown. Even if it comes, it might not be sustainable. Looking at the historical data of the TD indicator, it seems intimidating, but I haven't seen anyone making money using it to buy the dip. Even after unlocking 60 million, the price still surged so fiercely, indicating someone is aggressively buying. Wait, from 1.32 rebound to now, could it be another tactic by the main players to dump? On-chain data looks good, but let's not be fooled. The same was said during the previous hype. Once spot ETF news is confirmed, the market sentiment will swing to two extremes—there's no middle ground.

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MemeTokenGenius

· 01-05 17:49

SUI this wave is really fierce, but with RSI already at 78, dare to chase? I just don't understand this logic. Is the TD Sequential method reliable? It feels like just another way to cut leeks. With the spot ETF expectations, any coin can fly, but the question is how long can it last? The 60 million unlock didn't cause a dump, indicating that the holders are still optimistic. On-chain data looks good, but I'm tired of the 10x coin stories.

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SilentAlpha

· 01-05 17:45

RSI reaching 78, still dare to chase? This wave is probably the rhythm of bagholders. Wait, is the ETF expectation so strong? I need to take another look. 1 billion ecosystem lock-up, the data is indeed impressive, not just pure hype. When was the 388% increase? Can it be reproduced once? Haha. A 1.32 rebound immediately jumps 10%, too fast and a bit unsettling. All 60 million unlocks have been digested? How much buying volume does that require? If spot ETFs really come, that will be the real breakout point. The current increase is nothing. Overbought area is still rising, be careful of a plunge at high levels, everyone. On-chain data singing is nice to listen to, but whether the market can follow this tune is another story.

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GasFeeBarbecue

· 01-05 17:43

SUI's recent surge is indeed tempting, but with RSI already at 78, do you still dare to buy in? Be careful of getting crushed at the high As soon as the spot ETF news came out, this is how it is; once it actually launches, there probably won't be much market movement Technical analysis is one thing, but the macro environment still requires caution On-chain data activity is good, but the 60 million unlock has already been absorbed, what's next? 388%, 617%—those are in the past; don't keep focusing on history repeating itself

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AirdropHunter007

· 01-05 17:35

SUI's recent surge is quite interesting; on-chain data is definitely sounding the alarm. Be careful with the RSI breaking 78; overbought conditions can lead to a crash. I'm convinced about the ETF expectations, but don't get led by the nose, brothers. It's a bit surprising that 60 million unlocks are being absorbed so smoothly. A lock-up of 1 billion sounds pretty aggressive, but I'm worried it's just hype. If spot ETFs really come, that will be the main driver; anything said now is pointless. That 388% rally, I missed it and I'm still holding the bag.

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CoconutWaterBoy

· 01-05 17:32

SUI's recent surge is fierce, but with RSI78 already in overbought territory, the risk doesn't seem small either. Spot ETF coming? Sounds impressive, but macro factors are too unpredictable. I'll stay on the sidelines for now. The $60 million unlock has been absorbed, and on-chain activity is indeed active, which is reliable. A 10x increase in history is very tempting, but every time I see this kind of description, I get hesitant. The dump that’s coming will still come. It's definitely in the overbought zone. Waiting for a pullback before entering might be more comfortable.

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