$SUSHI

Recently, the DeFi (decentralized finance) sector has performed particularly well in the market. Following AAVE, projects such as 1INCH, COMP and SUSHI have also shown strong compensatory growth momentum. In particular, the price of SUSHI at 0.685 was regarded as an ambush point, and then its price has steadily climbed to 0.85, showing good upside potential.

From the daily level technical chart analysis, SUSHI's K-line trend shows a steady upward trend amid shocks. One of the significant positive lines successfully broke through the resistance of MA60 (60-day moving average). This breakthrough is The subsequent market has laid a positive foundation. Looking forward, SUSHI is expected to further challenge the 1.0 pressure level of MA120 (120-day moving average). Once it successfully breaks through, it will open up a broader upward space.

Broadening the perspective to the entire cryptocurrency market, it can be observed that the overall trend of the market in the future will still be upward, but at the same time, the strength and weakness of altcoins will also become more obvious. This means that in such a market environment full of opportunities and challenges, investors’ ability to select currencies is particularly important.

In order to achieve effective capital appreciation, investors should pay close attention to those altcoin projects with potential speculation expectations, maintain a keen awareness of sector dynamics, and keep up with the pulse of capital flows. By flexibly adjusting investment strategies and grasping the rotation of market hot spots, investors are expected to capture more investment opportunities in a complex and ever-changing market environment, thereby achieving steady growth of assets.