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The recent price action of SUI is quite interesting, and when viewed in the context of the broader environment, it's even more thought-provoking.



Let’s start with a big event—traditional finance has been caught off guard again. Vanguard, the long-standing Wall Street institution that has always looked down on cryptocurrencies, suddenly announced last week that its platform will allow ETF trading. Yes, the one that manages trillions of dollars. The signal here is crystal clear: the gates for traditional capital are officially open. This isn’t just probing the waters; real money is starting to flow in.

On the US side, recent employment data has been pretty disappointing, combined with certain people constantly pressuring the Fed to cut rates. With liquidity expectations in the air, you can imagine what that does to market sentiment. BlackRock, who entered early, has already made a killing, and now even “latecomers” like Vanguard can’t sit still. When institutions start FOMO-ing, can you imagine the impact on retail investors?

Back to SUI itself. The current price is consolidating around 1.7159, which is actually quite a delicate position.

From a technical perspective:
- Short-term support is at 1.5835(with a potential downside space of about 7.72%)
- Strong support zone sits in the 1.3309-1.3347 range

With macro tailwinds and solid project fundamentals, SUI, as a top asset in the public chain sector, will definitely get its share of institutional inflows this round. Not a buy signal, but this timing is certainly worth paying attention to. Market expectations for SUI are already rising, and the technical support looks fairly solid.

The boundaries between traditional finance and the crypto world are blurring at a pace visible to the naked eye, and Vanguard’s pivot is just the beginning. The story ahead might be even more exciting than we imagine.
SUI-2.79%
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SigmaValidatorvip
· 12-03 11:49
Vanguard really can't hold it together this time, institutional FOMO is truly terrifying...
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MEVHunterWangvip
· 12-03 11:47
Pioneer really made me laugh this time. Only now are they realizing it? You should have gotten in a long time ago, bro.
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NFTPessimistvip
· 12-03 11:33
This sudden turnaround by the pioneers is indeed quite fierce, but don't overestimate the window of opportunity for retail investors.
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RetroHodler91vip
· 12-03 11:33
Vanguard really can't hold it in anymore, haha. They used to criticize the most back in the day, but now they're the fastest to get in. The money they used to look down on is finally appealing to them too.
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NFTArchaeologisvip
· 12-03 11:33
Recognition from traditional finance is, to some extent, like discovering a long-lost artifact being officially added to a museum's collection. SUI's performance at this point in time is indeed worth re-examining from an on-chain archaeological perspective.
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