SUI's recent market rally has been truly fierce. A single bullish candle broke through the upper Bollinger Band, with trading volume increasing accordingly, indicating genuine capital inflow. The bullish momentum is hard to resist, but the obvious issue is—RSI has already soared above 90, and this level of heat is a bit excessive.

From a technical perspective, such an extreme overbought condition is like someone sprinting too fast—they definitely need to slow down and catch their breath. In the short term, SUI is likely to face a correction or sideways consolidation to "cool off," which is a normal market adjustment.

For different traders, the operational approach should consider the following:

Those holding positions should start to reduce their holdings gradually. After such a rally, taking profits is the right move. It’s recommended to sell half first to lock in gains, ensuring you secure some profits, while the remaining part can be held in hopes of a surge to 2.0, but don’t expect to catch the last bit of the move.

Traders with no positions should be very cautious. Chasing the high now is likely to result in catching a falling knife, which is not worth it. Be patient—if SUI can pull back to the 1.72 to 1.75 range and stabilize, then entering at that point would be relatively safer.

As for those considering shorting, my advice is to hold off. The trend is still so strong that it’s easy to get caught in a reversal. Unless you see it truly losing momentum or experiencing a sharp plunge, it’s better to hold off on short positions for now.

In summary: this is the end of the bullish run for now, and cash-holding investors need patience. Most importantly, don’t become the one who ends up catching the falling knife.