Sui plummeted 13% to $1.55. Can the key support hold?

【Crypto World】Sui recently plummeted, with a nearly 13% drop in a single day, now hovering at $1.55. This decline actually reflects the overall crypto market — Bitcoin has already broken through $93,000, wiping out over $680 million in long positions.

The catalysts behind this are not hard to understand. The US’s threat of tariffs on Europe has caused widespread panic, with risk aversion spreading across the entire trading market. Traditional finance is also under pressure, and everyone is rushing to exit.

From the candlestick chart, Sui has already broken through a key technical support level. Analysts are watching the $1.65 line — if it cannot hold, the next target is likely around $1.40. It sounds very pessimistic, but there is another voice among traders. They believe this wave of selling is actually consolidating liquidity into key demand zones, and once Bitcoin regains stability, the foundation for a rebound will be laid. In other words, this could be the “most dangerous = most opportunity” moment.