Recently, the Crypto Assets market has experienced significant Fluctuation, and the price movement of SUI coin has attracted attention. After a strong rise in the earlier period, SUI is currently showing an overall weak trend. Technical Analysis indicates that its 4-hour chart has reached the middle band of the Viga channel, which is typically regarded as a strong support point.

It is worth noting that the current price range of around $3.5 coincides precisely with the starting point of the market on July 24, further highlighting the importance of this support level. Historical data shows that this price area has repeatedly become a key battleground for the alternating forces of bulls and bears, with buyers and sellers engaging in fierce competition here.

Given the current market conditions, investors may consider the area around $3.5 as a potential long entry opportunity. However, considering the high-risk characteristics of the crypto assets market, it is advisable for investors to thoroughly assess the risks before making any decisions, and to conduct a comprehensive analysis in conjunction with their personal investment goals and risk tolerance.

In addition, market participants should closely follow the potential impact of macroeconomic factors on the Crypto Assets market, including but not limited to changes in global economic policies and the evolution of the regulatory environment. Only by fully grasping the market dynamics can one seize investment opportunities in the rapidly changing field of Crypto Assets.