$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%ACTIVE
$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%ACTIVE
$ETH bounced back from the $1,850 support level.
Now, Ethereum needs to reclaim the $1,900-$1,920 level for a pump towards $2,000. https://t.co/TfZH6WypRg
ETHActivation price $1,903.7Direction LongType ConditionalTrigger Reclaim / Flip Bullish 1900Timeframe Mid
PENDING TRIGGER
$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 LongType ConditionalTrigger Retest / Bounce 62000Timeframe Mid
PENDING TRIGGER
$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%ACTIVE