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IRS delays crypto reporting! đ Tax season just got a little less stressful. đ§ââď¸ More time to HODL!
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$SUI Hits a New All-Time High! Whatâs Next? The Sui (SUI) token has reached a new All-Time High (ATH), marking a significant milestone in its journey. Letâs analyze what might be ahead based on the IAP model and current market conditions. Perfect Model Execution According to my IAP model, everything has played out beautifully so far. After the recent correction, weâve established a new Fibonacci structure, highlighting the next local levels to watch. Potential Long-Term Targets Based on the model, 3000-5000% growth seems plausible in the upcoming cycles. Targets of $11 or even $20 for SUI could be within reach, given strong market momentum. The Money Power Indicator on the monthly timeframe reveals a capital outflow, which raises some caution about the current accumulation phase. While this isnât an immediate red flag, itâs something to keep an eye on as the market progresses. Spring 2025: A Green Season for Altcoins? My outlook for Spring 2025 remains optimistic, with expectations of a major altcoin movement driving substantial growth across the board, including SUI. Strategy Consider positioning at support levels within the Fibonacci retracement. Look for signals of institutional capital inflow or accumulation to confirm a sustained upward trend. Keep an eye on macro conditions and timing, as 2025 could be pivotal for altcoin rallies. #altcoinseason #SUI
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