SUI Strong Pullback Approaches 1 Dollar: 1.28 Times Giant Whale's Bottom Card Exposed, Is Retail Crowd a Opportunity or Trap?
1. Cycle Contrast: 71% Awakening After Plunge, Right Side Repair Established
SUI is currently priced at 0.9503 dollars. Although it rebounded by 4.30% in 24 hours, the data reveals its long-term extremely brutal washout: a cumulative decline of 71.84% over six months and a decline of 42.75% over 90 days. This deep halving indicates that the irrational sell-off has come to an end. The market has formed a beautiful “V-shaped” reversal, and the iron defense line above 0.9 dollars has been completed, officially establishing the right-side repair trend.
2. Liquidation Engine: 1.31 Million Dollars Extreme Volume Reduction, Leverage Cleared Out
To judge the quality of the bottom, looking at the liquidation data is the most real. In the past 24 hours, the total liquidation of SUI across the network was only 1.31 million dollars. For a star public chain with a daily contract trading volume of 1.08 billion dollars, this minimal liquidation indicates that high-leverage retail investors have been thoroughly washed out during the 71% downturn. The market is extremely light, and the main resistance to the rise has been reduced to a minimum, which is a typical “volume reduction building position” environment.
3. Game Bottom Card: 1.28 Times Giant Whale Stabilizes Against 1.87 Times Retail Crowd
The current position logic presents a subtle scissors gap:
Retail Side: The long-short ratio of regular Binance accounts has surged to 1.8744, while the number of large accounts has a long-short ratio as high as 2.23, indicating that retail investors are crazily squeezing into the bottom-buying carriage below 1 dollar.
Main Side: The long-short ratio of top Binance traders is unusually stable, fixed at 1.2848.
This indicates that although the main force highly recognizes the configuration value of 0.95 dollars, it has maintained strong capital restraint. The main force's net long position of 1.28 times contrasts sharply with the frenzy of retail investors, indicating that there will still be violent fluctuations and washout before breaking through 1 dollar.
4. Practical Strategy Recommendations:
Risk Prevention: Strictly prohibit high-leverage long positions. A retail long-short ratio of 1.87 means the carriage is heavy, and the main force may anytime insert a pin to clear leverage.
Spot Strategy: The safety margin near 0.95 dollars is ample; it is recommended to gradually establish spot positions and follow the long-term layout logic of the 1.28 times giant whale.
Trend Change Signal: Closely monitor the process of the retail long-short ratio returning to 1.3, which will be the golden opportunity for the Sui engine to completely explode and break through 1 dollar.
