$SUI From 0.8872 down to 0.8127, the daily amplitude is almost 9 percentage points. And the 24h gain/loss is only +1.23%? The upper wick is drawn so long—it’s obvious someone is distributing at the high level. Trading volume is 141 million U; it’s not huge, not tiny, but paired with this needle-like candle it gets interesting. Above 0.88 there’s clear selling pressure—each time it surges up, it gets pushed back. The short-term structure looks weak. For the spot sector, with this kind of volume, I haven’t seen any sign of whale addresses making large transfers into exchanges—more like retail FOMO chasing the rally and getting trapped. In the community they’re still shouting that $SUI ecosystem TVL is making new highs and Move-language narratives—sentiment hasn’t collapsed, but it’s not as euphoric as before. I’ve noticed several big V’s starting to change their tone, shifting from “buy with eyes closed” to “pay attention to the timing.” Think in reverse—if it were truly going to weaken, the 0.81 level shouldn’t keep being tested without breaking.

$SUI #行情分析 #On-chain data