Bitcoin's recent all-time high suggests potential for increased institutional investor interest in SUI. The proliferation of stablecoins in regions like Venezuela and Africa highlights SUI's potential to offer alternative solutions in emerging markets. While decreasing market volatility may raise concerns about reduced short-term gains, it is likely to contribute to long-term stable growth. The overall market bias is neutral, and a wait-and-see approach is advisable until a clearer direction emerges.

・Bitcoin Reaches New All-Time High Above $125,700 Massive inflows into spot Bitcoin ETFs in the United States have driven Bitcoin to surpass its previous all-time high, exceeding $125,700. This surge signals growing institutional confidence and the potential for further capital inflows into Bitcoin. As SUI tends to correlate with Bitcoin's price movements, this rally serves as a positive indicator for SUI as well. With projections suggesting a further climb towards $150,000 by year-end, an overall improvement in market sentiment is anticipated. ・US Government Shutdown Bolsters Bitcoin Price Rally An analysis suggests that the US government shutdown, a macroeconomic factor, has contributed to the recent rise in Bitcoin's price. Such shutdowns can erode trust in fiat currencies, potentially driving inflows into Bitcoin as an alternative asset. Similarly, amid heightened uncertainty surrounding the traditional financial system, SUI, as a Layer 1 blockchain underpinning Decentralized Finance (DeFi), could see its utility re-evaluated. ・"Binance USD" Becomes De Facto Currency in Venezuela Against a backdrop of 229% hyperinflation in Venezuela, "Binance USD," backed by Tether (USDT), has gained widespread adoption in daily life. This illustrates how stablecoins can function effectively as a medium of payment and store of value when fiat currency rapidly depreciates. It suggests a potential use case for stablecoins within the SUI ecosystem and payment solutions leveraging SUI's technology in other regions facing similar inflationary pressures. ・Stablecoins Utilized as Inflation Hedge in African Nations In urban centers across Africa, including Nairobi and Lagos, stablecoins are being actively used as everyday tools for savings, payments, and trade to combat inflation, currency volatility, and high remittance fees. This demonstrates the capability of blockchain technology and stablecoins to provide practical and effective solutions, even in regions with underdeveloped financial infrastructure. It points towards the potential for SUI to serve as a platform fostering financial inclusion in these areas. ・Solana Predicted to Become Wall Street's Choice for Stablecoin Networks The Chief Investment Officer at Bitwise predicts Solana will become a primary network for Wall Street concerning stablecoins and the tokenization of real-world assets (RWAs). This highlights the recognition of Solana's technological advantages and scalability by institutional investors. As a high-performance Layer 1 blockchain, SUI is also expected to be adopted by institutional players for RWA tokenization and as a foundation for stablecoins, positively impacting its future prospects. ・Blockchain Network Revenue Declines 16% in September Overall revenue across blockchain networks decreased by 16% month-over-month in September, attributed to reduced volatility in the cryptocurrency market. While this might indicate a cooling of market exuberance, it can also be viewed as a sign of market maturation and stabilization, potentially welcomed by long-term investors. Within the SUI ecosystem, while there might be a short-term revenue dip due to lower trading volumes, this trend could be neutral or even positive from the perspective of building a stable and sustainable ecosystem. ・"Binance USD" Emerges as Venezuela's De Facto Currency Venezuela's experience with 229% inflation, leading to the USDT-backed "Binance USD" becoming a prevalent means of daily payment, serves as a classic example where fiat currency instability drives stablecoin adoption. The SUI ecosystem could potentially generate similar opportunities by facilitating stablecoin usage in regions with volatile local currencies and by deploying SUI-based payment solutions. ・Aging Demographics and Global Wealth Poised to Drive Crypto Adoption Through 2100 Shifts in global demographics, including an aging population, coupled with increasing global wealth, are projected to drive the adoption and asset demand for cryptocurrencies through the year 2100. This suggests that digital assets are increasingly being recognized not merely as speculative instruments but as a long-term asset class. Through its technological innovation and ecosystem expansion, SUI holds the potential to capture this long-term demand, positioning itself as a vehicle for intergenerational wealth transfer. ・XRP Falls Below $3, Signaling Potential for Further Decline XRP has breached the $3 support level, raising concerns about the potential for further decline. This indicates bearish market sentiment specific to certain altcoins. While SUI possesses unique use cases and technological advantages distinct from major cryptocurrencies like Bitcoin and Ethereum, a deterioration in overall market sentiment could still affect inflows into SUI. However, robust ecosystem development within SUI could help mitigate the idiosyncratic price volatility risks commonly associated with altcoins. ・Overall Summary As Bitcoin achieves new all-time highs, attracting significant institutional interest, SUI stands to potentially benefit. Concurrently, the rise of stablecoins in Venezuela and across African nations highlights SUI's potential to offer alternative solutions in less developed financial markets. Although reduced market volatility might lead to short-term revenue decreases, it bodes well for long-term stability and growth, fostering optimism for the sustainable development of the SUI ecosystem.

Bitcoin's pullback and negative news concerning macroeconomic factors and regulations pose downside risks to the SUI price. XRP's downtrend serves as a cautionary signal, indicating deteriorating sentiment across the broader altcoin market. A key support level is the recent low of $3. A break below this level could accelerate further declines.

Over the next 24-48 hours, the price action is expected to remain range-bound, likely tracking Bitcoin's movements. For the mid-term (one-week) scenario, SUI has the potential to follow suit if Bitcoin maintains its upward trend. However, significant price movements are unlikely without major catalysts, such as substantial updates within the SUI ecosystem or key partnership announcements.

Conclusion: The SUI market is currently supported by positive fundamentals, driven by Bitcoin reaching new all-time highs (ATHs), yet technically remains within a neutral range. Long-term trends, including increasing stablecoin adoption in regions like Venezuela and Africa, indicate the potential for broader SUI use cases, suggesting a positive future outlook. However, the immediate market bias is neutral, necessitating a cautious approach until a clear uptrend is confirmed. For investors, the recommended action plan involves first waiting for a breakout above the resistance zone between approximately $4.50 and $5.00. Entries should be considered upon confirmation of this breakout, or alternatively, by targeting tactical dip-buying within the $3.00-$3.50 support area. Clearly defined take-profit targets at $5.50 and stop-loss levels below $3.00 or around $2.80 are essential for meticulous risk management. This week, closely monitor the $4.00 and $5.00 price levels; breaking above $4.50 will be key to determining its short-term trajectory. From a risk management perspective, remain vigilant of potential declines in overall market sentiment (particularly sharp BTC sell-offs) and any unannounced risks within the SUI ecosystem. Considering these elements, maintaining rational market analysis, and acting swiftly and decisively when opportunities arise will enable you to maximize SUI's growth potential.