Analyze the signal of SUI topping out:

1: Sui and APT are two public chains of the same type issued during the bear market, and their valuations are basically close. Sui's current rise is very similar to APT's rise in January last year in terms of operation methods. It is speculated that the same dealer is operating;

2: In the wave of APT's rise in January last year, its market value reached 20 billion, and the highest leverage of the whole network was 480 million, which was nearly 7 times higher from the bottom;

Sui's current market value is 15 billion, and the highest leverage of the whole network is 450 million, which is 3.5 times higher from the bottom;

So by analogy with APT's previous pull-up methods, and combined with the currency market value and futures positions, I think Sui's next trend will have the following two situations;

If the market does not pull back: Sui will start the fishtail acceleration stage, and there will be a wave of 20%-30% pull-up, that is, 1.8-2 will be its final topping range, when its market value will approach 20 billion, and leveraged positions may exceed 500 million, reaching 550 million;