#币安Alpha项目公布
Many friends asked me today if SUI can bottom out, and I told them to hold off for now.
I took a closer look, and from the daily candlestick chart, both the KDJ and MACD indicators are still trending downward. The four-hour chart shows the same situation, and the trading volume is still significant, indicating that the pullback has to continue. The main players are selling vigorously right now, so it wouldn't be wise to jump in at this moment.
Looking at the chart, we all emphasize wave patterns. From around 0.8 in September to the current 4.96, we have gone through three waves already. If the price pulls back below the high of the second wave, holding around 3.7 to 3.5 would be a point to consider positioning. If it can't hold, then it's best to wait.
Overall, it's still mainly about spot trading for now; this is my personal opinion, just for your reference.
Are you trapped? When will be the right opportunity to bottom out? As I've said, if you're confused and don't know what to do, click on my profile and follow me. I need fans, and you need reference; guessing blindly is not as good as following!
