SUI’s discussion volume jumped several times overnight, but the focus isn’t actually bullish news—it’s the shape of positioning.

The price has been grinding back and forth between 1.15 and 1.21, yet the funding rate has remained positive throughout. The long-to-short ratio has repeatedly been mentioned hovering around 70%. If the market can’t push higher while longs are still willing to keep paying to go long, this combination usually indicates that the same side of the chips is stacking thicker and thicker in the same direction.

On the other side, open interest is still increasing slightly. Some claim this growth is the fastest among several mainstream alternative coins. The same set of data can be read as new longs entering—or as old shorts admitting defeat and exiting. Both explanations can be valid.

The timing is also tightly clustered: market reports say there are unlock schedules this week, and next week there will be a new ecosystem event in Singapore. Some people treat on-site performance testing as a narrative catalyst, but these details still need verification.

The real question isn’t who’s right, but whether these longs—still paying funding—can hold on if the price stays flat for another three days?