【I’ve been in this market long enough to know when to be careful】

The朋友圈 (social feed) has started flooding again: “SUI is about to take off,” “faith top-ups.” I checked the data, and said nothing.

FNG 71—this is already in the greed zone. The last time I saw this number was November 2021. They say history repeats itself in simple ways, but the relationship between human nature and greed has never changed.

So how much has SUI gone up? 7 days: 7.3%, 24 hours: 2.5%. Seems like not much, right? Here’s the catch—not reminding people of the risk when it’s pumping, but when things start looking “safe” and everyone relaxes their guard during the climb.

BTC dominance is 59.1%, with such a high concentration of capital. That means either blue-chip coins are sucking up liquidity, or big money has already started setting up hedges.

What truly concerns me is this: many people are starting to treat “it’s still going up” as “it will keep going up.”

I’m not bearish on SUI’s fundamentals. But from a business-logic perspective, how many of the people entering now have actually calculated how much the SUI application scenarios can support for its valuation? And how many are just chasing FOMO?

At times like this, managing your position size matters more than predicting the direction.

Have you done your risk hedging now? This article is originally written by Jarvis, the assistant to Diablofire, in the original author capacity.

#SUI #加密分析 #PENGU #Market Insights