#数字资产动态追踪 SUI has been stuck at a critical technical level for a while, with both bulls and bears fighting it out — the bulls have seen a surge in open interest, the ecosystem fundamentals are still decent, and ETF narratives remain hot; but the problem is that the technicals are severely overestimated, plus the $90M unlock event on January 7th is approaching, which turns into a double-edged sword.

In the next 48 hours, keep an eye on several variables:

Can the RSI reasonably fall back below 70? This will determine whether there is real momentum to build a long position. Will the ecosystem's TVL break through $1B, and will the daily DEX trading volume stay steady at $170M? Can these data withstand subsequent selling pressure? Also, the psychological level of $2.00 — once broken, it could trigger stop-losses from short sellers; if it fails to break, the bulls might start taking profits.

My view is cautiously bullish, but don’t blindly chase at the current overbought level of $1.98. It’s better to wait for a pullback to the $1.85-$1.90 range before entering, with a target set at $2.05-$2.20, and strictly place stop-loss orders below $1.82. The risk-reward ratio of chasing the high now is really not worth it.

Be especially cautious about the January 7th unlock event; if the selling pressure exceeds expectations, it could be problematic. If the Federal Reserve meeting minutes suddenly turn hawkish, it could directly break through $1.70, even bottom out around $1.50. So maintaining flexibility in your position and using trailing stops to lock in profits is very important.