SUI has gained 19% over the past three days, driven by two main forces. First, positive news on the fundamentals—Bitwise recently filed applications for 11 cryptocurrency ETFs, with SUI prominently listed, which has sparked considerable market imagination. On the product side, SUI plans to complete an important evolution from an L1 blockchain to a unified developer platform by 2026. This development roadmap is also attracting incremental capital attention.

From a technical perspective, the performance is more straightforward. The 24-hour trading volume reached $278 million, with volume showing a clear upward trend. Signs of continuous capital inflow are evident, pushing the price higher. From a candlestick chart perspective, the bullish trend has been established, with a clear short-term upward momentum.

Considering trading strategies, following the bullish trend at this position is a reasonable choice. Specific suggestion: if going long, set a stop-loss at $1.55, with a take-profit target around $1.9. Entering now at this point, riding the trend, the risk-reward ratio remains quite favorable.