SUI has made a big news recently, have you not paid attention to it yet? That's really a good look.



Let's talk about the news first - on December 5, the ETF circle exploded. 21Shares has directly launched the world's first ETF product with 2x long SUI on Nasdaq, with the code TXXS. What do you mean? In the past, if you wanted to engage in SUI, you had to go to the exchange to buy coins yourself, and the price jumped up and down, and your heart couldn't stand it. Now, just buy this ETF, the income will be tripled, and you don't have to worry about the broken things of the wallet mnemonic phrase.

If institutional funds enter the market through this road, the liquidity is directly not an order of magnitude.

Let's look at the technical level. There are several positions on the 4-hour candlestick chart to keep an eye on:

The point of 1.6000 has not been broken through repeated tests recently, what does it mean? The main force is hoarding here, and the selling pressure is basically digested. The lower 1.3000 is a strong support, and there is still 20% buffer space from the current price, and you want to break below in the short term? Not very realistic.

Looking up, 1.9300 is the first rebound pressure, and further up 2.2000 is a hard top. Breaking through these two positions, the trend is completely open.

The MACD indicator did show a death cross above the 0 axis, which at first glance looks like a pullback. But you have to pay attention - the death cross above the 0 axis is often a false signal, which is used by the main wash. The RSI has just fallen back from the overbought area, and this adjustment is a good thing, indicating that it is not a brainless rise, but a relatively solid rise.

With the double blessing of news + technology, SUI's window of opportunity may not open for too long. As for how to operate, weigh it yourself.
SUI3.87%
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OffchainOraclevip
· 19h ago
Wait a minute, can we really trust this TXXS thing? Just go in with 2x leverage and it's over?
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MevShadowrangervip
· 12-10 05:17
Damn, as soon as the ETF is listed, the institutions have to rush in, and there is indeed something in this wave.
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TokenAlchemistvip
· 12-10 05:16
ngl the 2x leverage etf play is basically institutional on-ramps disguised as retail products... efficiency vector nobody's talking about tbh
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On-ChainDivervip
· 12-10 05:14
Wait, is TXXS really reliable? 2x leverage sounds cool, but it's also easy to play with fire Damn, someone finally explained the SUI wave of market, I saw that the point of 1.6000 was wrong before I really can't hold back, it's really different when institutions enter the market, and now retail investors are afraid that they will eat ash If I can't break 1.3000, I will continue to lie flat, anyway, I can't fall there Let's wait for it to break 2.2000 first, now it always feels like something is missing when I go in I don't understand this technical analysis, anyway, just buy it RSI data will be deceptive, I feel like I need to wash it again MACD death cross is not dead cross, I only bearish and fall, don't make it so complicated It is good for institutional funds to come in, but retail investors have to be careful when buying the bottom No, no, I think 1.9300 is the real buying point ETFs are actually of little help to small retail investors like us This price looks like a top, wait and see if there is a chance of a big drop
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SandwichHuntervip
· 12-10 05:13
Nasdaq TXXS is online, the main force is going to eat meat, will retail investors follow?
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GweiWatchervip
· 12-10 05:06
Damn, TXXS is directly 2 times long, and the institution wants to enter the market is really fierce
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RektRecordervip
· 12-10 04:57
Brothers' wave of ETFs is really something, and institutional funds are different
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TradFiRefugeevip
· 12-10 04:52
The damn ETF is online, and institutions are about to enter the market, and SUI really has something to do now
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