SUI價格，波動性和大量解鎖：該層1區塊鏈的下一步是什麼？

分析最近的SUI令牌解鎖及其對價格，波動性和投資者情緒的影響。 SUI會恢復其損失，還是在地平線上更加波動？

Sui Price, Volatility, and Massive Unlock: What's Next for This Layer-1 Blockchain?

SUI價格，波動性和大量解鎖：該層1區塊鏈的下一步是什麼？

Sui's been a hot topic in the crypto sphere, especially with the recent token unlock event adding a layer of intrigue to its price action. Let's break down what's happening.

Sui一直是加密貨幣領域的熱門話題，尤其是在最近的令牌解鎖事件中為其價格行動增加了一層陰謀。讓我們分解發生的事情。

Sui's Current Standing: A Mixed Bag

Sui目前的地位：一個混合的袋子

As of late June 2025, Sui (SUI) is trading around $2.81, showing a modest daily increase of 0.58% and a weekly gain of 3.39%. Trading volume has surged, jumping nearly 50% to over $906 million in 24 hours. This increased activity suggests renewed investor interest, but also hints at underlying concerns about the recent token unlock.

截至2025年6月下旬，SUI（SUI）的交易約為2.81美元，顯示每日幅度不高0.58％，每週增長3.39％。交易量激增，在24小時內躍升了近50％，至9.06億美元以上。這項增加的活動表明投資者的興趣增加了，但也暗示了對最近的令牌解鎖的根本關注。

The Massive Unlock: 44 Million Tokens Released

大量解鎖：4400萬個令牌發布

On July 1, 2025, the Sui Network executed a pre-scheduled unlock, releasing 44 million SUI tokens (worth about $77.35 million) into circulation. These tokens were distributed among Series B investors, the Community Reserve, Early Contributors, and the Mysten Labs Treasury. This unlock increased Sui’s circulating supply to approximately 3.45 billion tokens, representing roughly 34.46% of the total supply. Over half of the total supply remains locked, with another 5.22 billion tokens slated for future release.

2025年7月1日，SUI網絡執行了預先安排的解鎖，發行了4400萬個SUI令牌（價值約7735萬美元）。這些代幣分佈在B系列投資者，社區儲備，早期貢獻者和Mysten Labs財政部中。這種解鎖將SUI的循環供應增加到約34.5億個令牌，約佔總供應量的34.46％。超過一半的總供應仍被鎖定，另有52.2億個代幣計劃將來發布。

Technical Analysis: Resistance and Support Levels

技術分析：抵抗和支持水平

Traders are closely watching the $2.90 resistance level. A daily close above this could signal a bullish breakout, potentially targeting $3.40 initially, with a further extension to $4.20. Sui has found support in the $2.45 to $2.70 range, bouncing back from these levels recently. However, the token is currently trading below key exponential moving averages (50 EMA at $2.82, 100 EMA at $2.98, and 200 EMA at $3.08) on the 8-hour chart. The MACD indicator shows bearish signals, suggesting downward momentum in the short term.

交易者正在密切關注$ 2.90的電阻水平。每天接近這一點可能標誌著看漲的突破，最初可能針對3.40美元，進一步延長至4.20美元。 Sui在2.45美元至2.70美元的範圍內找到了支持，最近從這些水平彈起。但是，該令牌目前在8小時的圖表上以低於關鍵的指數移動平均值（50 EMA為$ 2.82，100 EMA，$ 2.98，$ 3.08）。 MACD指示器顯示看跌信號，暗示在短期內向下勢頭。

Futures Market: Declining Interest

期貨市場：興趣下降

Open Interest in Sui futures has decreased significantly from a peak of $2.05 billion in May to $1.19 billion. This decline indicates reduced appetite among derivatives traders and generally signals bearish sentiment, especially in the absence of positive catalysts. Sui has lost about 37% of its value since hitting a high of $4.29 in May, influenced by broader market weakness and geopolitical jitters.

SUI期貨的開放興趣已從5月的20.5億美元的峰值下降到11.9億美元。這種下降表明衍生品交易者的食慾降低，通常表示看跌情緒，尤其是在沒有陽性催化劑的情況下。自從5月達到4.29美元以來，SUI損失了其價值的37％，受到更廣泛的市場疲軟和地緣政治煩惱的影響。

Expert Opinions and Price Forecasts

專家意見和價格預測

Crypto analyst Sonia S. sold her SUI holdings at $4 following May’s Cetus protocol hack. Despite short-term concerns, she remains optimistic about Sui's long-term potential as a strong Layer-1 project, anticipating a return to $4 or higher post-summer. Price predictions for 2025 vary widely. DigitalCoinPrice projects a potential rise to $5.35-$6.18 by December 2025, while Changelly offers a more conservative estimate, forecasting a yearly high of $2.42.

加密分析師Sonia S.在5月的CETUS協議黑客攻擊之後以4美元的價格出售了她的Sui Holdings。儘管有短期的擔憂，但她仍然對Sui作為強大的Layer-1項目的長期潛力保持樂觀，預計將恢復到4美元或更高的夏季夏季。 2025年的價格預測差異很大。 DigitalCoinPrice預計到2025年12月，可能會上漲至5.35-6.18美元，而Changelly提供了更保守的估計，預測每年的高價為2.42美元。

Personal Take: Is Sui Worth the Risk?

個人攝入：Sui值得冒險嗎？

The recent token unlock has undoubtedly injected volatility into Sui's price action. While increased trading volume suggests interest, the declining futures market and bearish technical indicators raise caution. However, Sonia S.'s continued faith in Sui as a Layer-1 project, combined with a Total Value Locked near $2 billion, provides some reassurance. It really seems to be a matter of time and patience for the layer 1 protocol.

最近的令牌解鎖無疑已將波動注入了SUI的價格行動。儘管增加的交易量表明利息，但期貨市場下降和看跌技術指標引起了謹慎。但是，Sonia S.繼續對SUI作為第1層項目的信念，再加上鎖定在20億美元的總價值，這給您帶來了一些保證。對於第1層協議，這確實是時間和耐心問題。

The Bottom Line

底線

Sui's situation is complex. The massive unlock event is a double-edged sword, potentially creating both selling pressure and opportunities for accumulation. Whether Sui can weather the storm and return to its former glory remains to be seen. Keep an eye on that $2.90 resistance level, folks! It could be the key to unlocking Sui's next chapter. Good luck out there, and remember to always do your own research, ya hear?

Sui的情況很複雜。大規模的解鎖活動是一把雙刃劍，有可能既造成銷售壓力又產生了積累的機會。 Sui是否可以度過風暴並返回其以前的榮耀還有待觀察。伙計們，請密切關注$ 2.90的電阻水平！這可能是解鎖Sui下一章的關鍵。祝您好運，還記得總是自己的研究，您聽到嗎？