As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.

The price of SUI, the native token of the Sui blockchain, has been on a downward trajectory, struggling to reclaim the $2.00 support level in recent weeks. With fluctuating market sentiment and a growing trend of short-selling, the altcoin's momentum has been subdued, leaving traders cautious about its short-term prospects.

Here's why leveraged bulls with long positions at $1.6 should be worried.

Sui (SUI) is making waves, pulling in a net flow of $24.3 million and outshining giants like Ethereum (ETH), which only pulled in $9 million, according to Mysten Labs' co-founder Adeniyi Aboidun. But here's the kicker - both Sui and Ethereum are currently stuck in a consolidation rut, leaving investors scanning the horizon for fresh, high-growth opportunities.

Sui price is on the verge of a breakout just a few hours to the U.S election day. The asset has been ripping the charts over the past few weeks but is currently facing resistance around its previous all-time high price.

Sui price is on the verge of a breakout just a few hours to the U.S election day. The asset has been ripping the charts over the past few weeks but is currently facing resistance around its previous all-time high price.

SUI price has struggled recently to secure $2.00 as a support level, drifting further away from this mark as enthusiasm wanes among traders.

The cryptocurrency market witnessed a surge in selling pressure ahead of the U.S. presidential election. With the Bitcoin price dropping below $70,000, the altcoin market shows signs of a fresh correction trend.

Both total value locked (TVL) and technical indicators are sending mixed signals for SUI price. After reaching a milestone TVL above $1 billion, SUI's market support has shown signs of hesitation, leading to a period of stagnation.

Sui has emerged as a noteworthy competitor in 2024, recently eclipsing both Solana (SOL) and Ethereum (ETH) in terms of net inflows. This significant achievement not only highlights Sui's growing influence but also raises questions about the future trajectory of its price amidst current market dynamics.

After peaking at $2.35 last week, SUI price has retraced over 10% to fall below the key $2.0 support, reflecting a dip in investor interest amid increasing bearish sentiment.

From being one of the top performers in the crypto market, the SUI crypto price has taken a slow route. Over the past few weeks, the lack of bullish momentum in a volatile market has put SUI jumping up and down the $2 psychological mark.

Sui has been moving in a highly volatile zone over the past month, but these movements have increased negative sentiment around the asset. Sui (SUI) reached an all-time high of $2.36 on Oct.

What's next for SUI price as it outperforms Solana and Ethereum on net flows.

With the Bitcoin price hovering below the $70,000 level, the altcoin market has experienced a significant correction in valuation. Moreover, top tokens have failed to hold their respective support levels. This highlights increased selling pressure in the crypto space.

SUI is making headlines in the cryptocurrency market, showcasing a remarkable bullish momentum that has traders excited about its potential for further gains. Recent price movements indicate that SUI could be on the verge of surpassing its previous high for 2024.

After recovering from the market retrace, SUI is trying to reclaim the $2 mark and break out from a bullish pattern. Some market watchers suggested the cryptocurrency will pull some “big moves” toward a new all-time high (ATH).

The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially.

As November rolls in, Sui price shows no signs of slowing down. The price of SUI is on a short pullback after the entire crypto market hit a snag following the U.S. Stock market crash late October 31.

SUI, the native token of the Layer-1 Move-programmed Sui blockchain, is facing heightened selloff pressure. The recent drop has pushed SUI's price to $1.92, marking a 5% decline in the past 24 hours.

The SUI token is making headlines with a notable surge, crossing the $2 mark. As Bitcoin (BTC) inches closer to the $73,000 threshold, SUI's recent performance has captured the attention of traders and investors alike.

With the excitement around the crypto space increasing due to the potential year-end rally, a few tokens have been making waves. Sui (SUI) has rallied thanks to its recent MLS announcement.

SpringSui's open-source framework allows developers to design unique staking tokens, supporting broader DeFi adoption on Sui.

The Sui (SUI) token has recently experienced a significant rebound, showing an impressive increase of 8% to 10% from its local lows. This recovery suggests that bullish sentiment is returning, as the price stabilizes above crucial support levels.

Liquid staking on Sui has been given a welcome boost in the form of a new token standard developed by Suilend. The developers behind the popular DeFi lending protocol have been busy in the lab cooking up something new.

After a brief rally, the crypto markets appear to be consolidating as the Bitcoin price is heading below $71,000 after marking the yearly highs close to the ATH at around $73,500. The bears are trying to hold a tight grip over the rally as the bulls continue to remain passive for the second consecutive day.

With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.

A new token standard by Suilend – SpringSui – has been announced that has the potential to shake up the staking landscape on Sui

Ika, formerly dWallet Network, enables Sui smart contracts to manage assets across blockchains, offering secure and scalable DeFi solutions with its MPC technology.

SUI cryptocurrency is approaching a key resistance level at $2.18 following a rebound from $1.5 support, with technical indicators suggesting continued upward momentum.

Sui (SUI) Open Interest has surpassed $400 million after the altcoin's price surged back to $2 yesterday. For many investors, the increase in OI, as the Open Interest is commonly called, suggests potential for continued uptrend.

Sui price could explode after a new upgrade that could capture $2.3 trillion in assets got the crypto community buzzing with anticipation. This transformative development from Ika could propel Sui to unprecedented heights, fundamentally altering its current price trajectory.

SUI is gathering bullish steam as it heads toward a possible breakout, with a notable milestone of $2.1825 in sight. Recent market activity suggests an upswing could be on the horizon, following a strong rebound at the $1.5 support mark.

The $SUI token underpinning the Layer 1 SUI network continues threatening rival Solana as it surges towards a new all-time high (ATH) today. In the last 24 hours, $SUI added 3% to trade at $2.03. This brings the token just 13.5% away from setting a new all-time high after it crosses $2.

Despite the initial setback, the crypto market regained its bullish momentum in late October as the Bitcoin price surged past $70,000 for the first time in 4 months. As the investors' sentiment grew for a crypto bull run, these Ethereum rivals could show the potential to turn a $1 investment into $1000.

Sui Network is rapidly positioning itself as one of the most interesting emerging networks in the cryptocurrency sector. Thanks to a recent investment of 8.6 million dollars and the influx of assets from established networks like Ethereum and Solana, the Sui network is attracting growing attention from both investors and users.

Since Bitcoin (BTC) attempted to revisit its all-time high yesterday, several altcoins have joined the race to increase their gains. However, according to data from CoinGecko, not all of the hottest trending cryptocurrencies followed suit.

Parallel MPC (multi-party computation) network Ika has announced its launch on Layer 1 blockchain Sui. Formerly known as dWallet Network, Ika provides an interoperability solution that enables assets originating on chains such as Bitcoin, Ethereum, and Solana to be utilized on Sui.

After recent selling pressure, SUI has seen a 10% price gain, suggesting renewed buying momentum.

Ika's launch on the Sui blockchain introduces groundbreaking solutions like Programmable Bitcoin, decentralized custody, and AI guardrails.

SUI, the native token of the Layer-1 Move-programmed blockchain, is experiencing renewed buying interest following a recent decline. After reaching an all-time high of $2.36 on October 12, SUI dropped to a 14-day low of $1.75 on October 25.

SUI has a lot of bullish momentum behind it, but will it be worth it?

As the crypto markets heat up, all eyes are on the Sui price, which nears breaking its previous all-time high. Sui (SUI), dubbed the “Solana Killer,” has a compelling price prediction for November 2024.

SUI is the top performer from the larger-cap alts today.

SUI continued its recovery towards its all-time high and was up over 10% in the past 24 hours backed by ecosystem growth. Sui (SUI) rebounded after remaining in a downtrend for four days as its price rose from $1.

With the BTC price inching closer to the $73,000 mark, the SUI token is back in action. Reclaiming the $2 psychological mark, the altcoin is just $300 million short of completing the $6 billion market cap. It has increased by nearly 12% in the past 24 hours and shows a rapid recovery.

Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.