SUI 清算即將來臨嗎？

SUI 一直是 2024 年表現最好的 Layer-1 之一，在某些方面偶爾會超越以太坊和 Solana [SOL]。

Layer-1 token, SUI, has seen some interesting price movements in 2024, at times outperforming both Ethereum and Solana [SOL] on certain aspects.

Layer-1 代幣 SUI 在 2024 年出現了一些有趣的價格變動，有時在某些方面優於以太坊和 Solana [SOL]。

During the October market recovery, SUI was among the assets that hit an all-time high. This made the SUI price retracement that followed appear irresistible to sidelined speculators.

在十月市場復甦期間，SUI 是創下歷史新高的資產之一。這使得隨後的 SUI 價格回檔對於觀望的投機者似乎是不可抗拒的。

As a result, many speculators opened long positions at around $1.6, with liquidity building up around the support for a while.

因此，許多投機者在 1.6 美元左右開設多頭頭寸，流動性在支撐位周圍暫時累積。

Now, Alphractal highlighted that the massive liquidity at $1.6 support could trigger wild liquidation if the price slid below the level.

現在，Alphractal 強調，如果價格跌破該水平，1.6 美元支撐位的大量流動性可能會引發瘋狂清算。

Alphractal’s analysis showed that $2.2 also saw massive liquidity accumulation as longs were opened at the level. However, the positions were wiped out during the recent pullback. So, will $1.6 suffer the same fate?

Alphractal 的分析顯示，隨著多頭在該水準開倉，2.2 美元也出現了大量流動性累積。然而，在最近的回調中，這些頭寸被清空。那麼，1.6 美元會遭受同樣的命運嗎？

On the price chart, a daily order block (OB) formed in April, acted as SUI support in September and October ($1.6, white zone).

在價格圖表上，4 月形成的每日訂單塊 (OB) 充當 9 月和 10 月的 SUI 支撐（1.6 美元，白色區域）。

Furthermore, the 50-day EMA (Exponential Moving Average) served as a crucial dynamic support of late, easing the late October and November price plunges.

此外，50 日 EMA（指數移動平均線）在近期起到了重要的動態支撐作用，緩解了 10 月底和 11 月的價格暴跌。

In other words, $1.6 was a key Q4 support that attracted a lot of buy interest and leveraged longs. A crack below could drag SUI to the next support at $1.4.

換句話說，1.6 美元是第四季度的關鍵支撐位，吸引了大量買盤興趣和槓桿多頭。跌破該水平可能會將 SUI 拖至下一個支撐位 1.4 美元。

Spot market demand for SUI was stagnant, as indicated by the sideways movement on OBV (on balance volume). This suggested that SUI prices could move in either direction after the US election.

SUI 現貨市場需求停滯不前，OBV（平衡成交量）橫盤走勢表明這一點。這顯示美國大選後 SUI 價格可能朝任一方向波動。

Mixed market interest

市場興趣不一

Santiment data depicted a similar short-term market caution. Since October, SUI’s open interest (OI) rates were on a downtrend. With market sentiment also tanking lower at press time, SUI speculators were cautious ahead of US elections.

情緒數據也顯示了類似的短期市場謹慎情緒。自10月以來，SUI的未平倉利率（OI）呈下降趨勢。截至發稿時，市場情緒也低迷，SUI 投機者在美國大選前持謹慎態度。

However, whales seemed interested in adding positions despite the overall caution. This was suggested by a positive reading on the Retail vs Whale Delta metric, which measures whale long positions relative to retail.

然而，儘管總體上持謹慎態度，但鯨魚似乎有興趣增加部位。零售與鯨魚三角洲指標的積極讀數表明了這一點，該指標衡量鯨魚相對於零售的多頭部位。

In summary, there was some whale interest in SUI. However, its price was at a crucial point as any slump below $1.6 support could expose several leveraged bulls to losses.

總而言之，鯨魚對 SUI 有一定的興趣。然而，其價格正處於關鍵時刻，因為任何跌破 1.6 美元支撐位的跌勢都可能導致多個槓桿多頭蒙受損失。