The market price of SUI has recently experienced a significant fall, currently dropping below the $3.7 mark. This trend has sparked various speculations in the market regarding future trends. By analyzing market structure and trading data, we can draw the following observations:

First of all, from the perspective of trading volume distribution, around $3.996 is a key value area, and there are continuous high trading volume nodes in the range of $3.84-$4.03, forming strong resistance. This means that in the short term, SUI may face significant pressure to break through $4.

Secondly, the range of 3.55-3.60 USD is a low-volume gap, where buy orders are accumulating and may become a support point for a short-term rebound. In terms of technical indicators, the RSI is around 45, indicating that the market is in a neutral slightly bearish state, but has not reached the level of being extremely oversold.

From the market cycle perspective, SUI is currently in a mid-term oscillating downward phase, but there may be opportunities for a sharp rebound in the short term. For traders, the range of 3.60-3.62 USD could be a noteworthy entry point, but it needs to be confirmed with other technical indicators.

However, investors also need to be cautious of risks. If the price falls below $3.51, the longer strategy may fail, and timely stop-loss measures are needed. On the other hand, if it can break through $3.71 with substantial volume, it may indicate the beginning of a reversal.

Overall, the current market situation of SUI presents both risks and opportunities. Investors need to closely monitor the price performance in the range of $3.55-3.60 while managing risks and appropriately setting stop-loss positions. Whether going longer or shorter, trading strategies should be based on thorough market analysis and individual risk tolerance.