As a market observer, I have always taken a cautious stance on SUI and have expressed a bearish viewpoint multiple times. Although some investors remain optimistic, hoping for prices to break new highs, the current market conditions do not seem to support this expectation.

Today, we witnessed a large release of tokens, which will undoubtedly put pressure on prices. Coupled with the fact that trading volume is usually lower on weekends, it is difficult to form strong upward momentum in the short term. More notably, SUI has fallen below the important support level of $3.5, which may indicate the risk of further declines, with the next key support level possibly around $3.2.

For investors, it may not be wise to overly focus on short-term price fluctuations. Especially for projects led by domestic teams, we should objectively evaluate their long-term value and development potential, rather than blindly chasing after price increases and selling during price drops.

Overall, the current market performance of SUI is not optimistic. Investors need to stay clear-headed, operate cautiously, and avoid losses due to excessive optimism. At the same time, it is important to maintain an open attitude towards the market and closely monitor various factors that may impact price trends.