Among the blue-chip altcoins that have rebounded this time, #Sui has taken the lead in breaking through new highs and is worth paying close attention to. On the fundamental side, we need to keep an eye on the news about unlocks. Sui will have several tens of millions of dollars unlocking on August 1, accounting for about 0.3% of the total supply. This information is based on transparent on-chain data and is likely already priced in. This is also one of the reasons for the previous weakness. In a bull market, when liquidity is abundant, unlocks can sometimes provide new upward momentum and chips, so it shouldn't be generalized. We also need to pay attention to the trends and operational strategies, treating them differently.
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