Detected a sudden surge in SUI, up about 4%, with the price returning to around $0.70 and briefly breaking above the 21-day EMA. Key levels: • 21-day EMA: $0.7002 • Bollinger midline: $0.7046 • 50-day SMA: $0.7159 • Upper BB: $0.7667 • Lower BB: $0.6426 Almost simultaneously, 9,991 BTC test data appeared on the Hashi testnet, corresponding to a nominal value of about $647M. This doesn’t mean $647M is actually flowing into Sui, but it shows that the BTCFi narrative is starting to heat up. SUI has been dropping for over half a year, and the market itself needs new catalysts. Now that both the testnet and secondary market are moving, it’s worth paying attention. My observation framework: $0.70–0.705 → Initial signs of strength $0.716 hold → Clear bullish shift $0.767 breakout → Volatility expansion confirmed $0.64 breakdown → Wait for a new bottom Currently around $0.70: 45%: Breaks $0.716 → $0.76–0.80 30%: Continues bottoming at $0.65–0.72 25%: Fake breakout → Retest $0.64–0.66 Let’s see how U.S. and European funds move tonight, and confirm tomorrow during the day.