Market Sentiment Shows Optimism: Alphractal’s analysis highlights an overall positive sentiment on social media and news outlets regarding cryptocurrencies. However, historical data suggests this could lead to a market decline, presenting a potential entry point for investors.
SUI Faces Liquidation Risks: The report emphasizes that SUI, a layer-1 blockchain token, is currently at risk due to liquidation trends. Alphractal estimates that SUI must reach 5 USD to trigger a significant liquidation of short positions, signaling potential further corrections.
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