SUI’s $20 Dream? 🧐

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One is forced to observe, with a weary resignation, the persistent optimism surrounding SUI. BeLaunch, a name redolent of breathless anticipation, now dares to suggest the possibility-the possibility, mind you-of a $20 valuation in the next bull cycle. One recalls the October flash crash with a shudder; a minor inconvenience, naturally, but demonstrating a certain volatility which does rather spoil the champagne.

Contingencies for the Easily Excited

BeLaunch, in a display of analytical rigour that one assumes involved much chart-staring and pronouncements of “interesting patterns,” has devised two scenarios. Naturally, one is far more palatable than the other. The favoured option, enjoying a frankly generous 8/10 probability, hinges upon SUI conquering a rather obstinate red dashed line. Apparently, “Wave (2)” has completed its cycle, which is, one gathers, a very good thing. Wave (3) is impending, and will presumably involve a great deal of hooting and cheering amongst the cognoscenti. 🚀

The alternative, a distinctly gloomy 3/10 prospect, involves an “alternative X wave” lurking near $5.37. One pictures it as a particularly sullen wave, refusing to break. More corrective phases are threatened. The whole thing sounds exceedingly tiresome.

Signs of Life, or Merely Muscle Twitching?

It appears that SUI’s “on-chain fundamentals” are “showing early signs of recovery.” One must treat such claims with a healthy dose of skepticism. The “Total Value Locked” is stubbornly clinging to $1.4 billion. A move above $2 billion, we are told, would represent a “decisive shift.” One suspects it would merely represent a slightly larger number. Daily Active Users are also performing, inching towards 900,000. A veritable host, of course. 🙄

The price, however, remains conspicuously sluggish, which, according to BeLaunch, is typical of an “accumulation phase.” That is to say, sensible investors are accumulating, while the rest remain blissfully unaware of the impending fortune. How familiar. History suggests SUI has a habit of rallying after its metrics improve, a rule of thumb apparently as reliable as the changing of the seasons.

In conclusion, BeLaunch assures us everything is “robust.” Fundamentals are “stabilizing” (one can only hope). Momentum indicators are “shifting” (in which direction, one wonders?). WaveTrend signals are “flashing” (rather dramatically, one imagines). All this suggests SUI may soon “emerge from consolidation.” A distinctly optimistic prognosis. One will reserve judgment, naturally, with a small glass of something fortifying. 🍷

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2025-11-14 03:06