$SUI Is there a cottage season? This must be a question that all students are very concerned about, especially those who are fully invested in cottage spot. Let me briefly explain my point of view: there will be a cottage season, but not now, because the price of bitcoin itself has not yet risen.
And now it is only moving towards monetary easing policy, and it has not really reached the time of monetary easing policy. It is not yet time for large-scale water release. All institutions, such as BlackRock, only buy bitcoin, and even buy two bitcoins, let alone cottage. Now there is very little money that can overflow from bitcoin, and there are only a few that can flow to cottage.
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In addition to Powell’s hawkish remarks a few days ago, the expectation that there will be no interest rate cut in January has made the cottage even worse. It is difficult for students who play cottage this year, but you can look forward to a wave of good news when Trump takes office on January 20. Since it has come, you should be patient and wait for the cottage season!
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See the picture: The Fibonacci 1:1 retracement level of sui4-hour level is around 3.96. There is no doubt that it will reach.
The sharp rise of sui will be even more violent. If it goes to extremes, it is not impossible to retrace to 3.47. It is a normal retracement, don't worry.
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The high point of sui6-hour level is decreasing, which has a bit of double top meaning plus M head. It is difficult for the big cake not to retrace in the sluggishness.
The cross star pointed by the white arrow at the 6-hour level is very ugly, the second highest cross star.
The position marked by the upper and lower white arrows belongs to the vacuum zone, where there are not too many chips accumulated, and the rise is fast and the fall is faster and more fierce.
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The closing price of the sui4-hour level entity should not fall below 4.34. Once it falls below 4.34, it can look for support 4.11-3.9 downward.
If sui wants to be strong at the hourly level, it must break through and stabilize at 4.7, and then we can see the upper target position of 4.87-4.96-new high.
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Finally, if you want to buy sui spot and you don’t know where to buy it, please see the positions circled in yellow boxes in the chart as the three buying points of spot.
235 positions to buy, for example, if you have 1000 capital, buy 200 at the first position, 300 at the second position, and think about the third position yourself!
I have finished speaking, I hope it will be helpful to all students.
