《Daily Coin $SUI》251212｜No guarantee of getting rich, no guarantee of dying in vain
Today's SUI price is around $1.62–$1.65, with a 24h volume of about $780–$890 million, a market cap of about $6.1 billion, circulating supply of $3.737 billion, and a maximum supply of $10 billion.
The market seems more like a 'bounce to catch a breath'
In the past 7 days, it has fluctuated between $1.51–$1.73, and today it has bounced up, but it hasn't bounced out with the kind of strength that indicates a 'trend reversal'.
I will focus on three lines (not a call, just a retail protection line)
$1.70–$1.73 serves as the upper threshold; if it can't get through, it remains in a range.
Around $1.60 is considered the sentiment line; it needs to stabilize to look decent.
$1.50–$1.52 is the position that belongs to 'if it drops further, something is off'.
The on-chain temperature gives you a quick overview
Sui's current Bridged TVL is about $1.378 billion, 24h DEX volume is $227 million, and Perps volume is $204 million.
But there's one point to be cautious about: the stablecoin volume has dropped quite noticeably this week, with Sui's stablecoin market cap around $514 million, a 7-day change of -26.84%, and USDC accounts for about 67%.
The on-chain activity is still moving, but the 'real dollar ammunition' hasn't increased significantly this week; the rebound feels more like a trade push rather than a sudden influx of funds.
One of the biggest real variables in the coming period is 'supply'.
Tokenomist shows that the next SUI unlock is on 2026/01/01 (marked for Series B).
This kind of thing won't necessarily crash the market, but it will make the market more sensitive at critical points: once it can't rise, everyone will use 'unlock' as an excuse to take a step back.
For those already in: I will focus on whether it can turn $1.70+ into support; if not, don't treat the bounce as a bull market.
For those who haven't entered: don't rush to chase that 'just pulled up and the most exciting' segment; wait for it to pull back and not break before making a move, and avoid being the fuel rod that rushes in.
For those looking to play short: I only suggest using the position you are willing to treat as tuition; SUI has considerable volatility, so don’t use living expenses to clash with it.
If you think it's okay, give a like + follow, to give me a reason to keep rambling on.
😂
