SUI Climbs to $1.01 as Broad Short Squeeze Lifts Crypto Market
- —SUI up 7.48% in 24 hours to $1.01, 46.27% higher on the week
- —24-hour volume of $1.61 billion is 163.87% above the 30-day average
- —Futures open interest rose 28.9% to roughly $402 million
- —RSI at 75.4 signals overbought conditions; price is 81% below its all-time high
Why it matters: The rally is backed by real volume and fresh positioning, but overbought readings raise the risk of a sharp pullback if bitcoin reverses.
Source: DiarioBitcoin