$SUI is building something much bigger around Bitcoin.
Hashi, a Sui's native Bitcoin collateralization infrastructure is working to bring some of Bitcoin's $1T+ idle capital into the Sui ecosystem.
And just 3 weeks into testnet, it has already processed 1.1M+ deposits and 165K+ withdrawals, pushing Bitcoin Signet activity to around 5x its pre-launch level.
And this is all before mainnet.
Now looking at the $SUI chart, it looks good for another leg up above $0.7 level.
SUIActivation price $0.68Direction LongType DirectionalTimeframe Short
Max Favorable +0.6%Max Adverse −0.2%Opportunity 0.45Time 0.82Magnitude 0.45Score 0.54
$4,850,000,000 in $BTC short liquidations.
$2,360,000,000 in BTC long liquidations.
Max pain is to the upside for Bitcoin. https://t.co/ENMQ40XntU
BTCActivation price $63,501.37Direction LongType DirectionalTimeframe Mid
Max Favorable +0.1%Max Adverse −0.2%Opportunity 0.15Time 0.00Magnitude 0.15Score 0.13
$BTC failed to reclaim the $65,000 level.
The next key support zone for Bitcoin is $62,000-$62,5000 which might gets retested before reversal. https://t.co/rasiwYjjAH
BTCActivation price $63,794.94Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.8%Max Adverse −1.1%Opportunity 0.64Time 1.00Magnitude 0.64Score 0.52
$SOL breakout has just happened.
Higher. https://t.co/wFOuWQn6MQ
SOLActivation price $76.35Direction LongType DirectionalTimeframe Mid
Max Favorable +0.2%Max Adverse −0.4%Opportunity 0.20Time 0.00Magnitude 0.20Score 0.13
$6,130,000,000 in short liquidations
$4,100,000,000 in long liquidations
Max pain is still to the upside for $ETH https://t.co/Plj5hVRERp
ETHActivation price $1,907.16Direction LongType DirectionalTimeframe Mid
Max Favorable +0.4%Max Adverse −0.1%Opportunity 0.34Time 1.00Magnitude 0.34Score 0.55