According to @CryptoMichNL, SUI posted a strong bounce and sits on higher timeframe support while trading near its lowest valuation in nearly 18 months, framing current levels as an accumulation opportunity for potential outperformance as capital rotates to prior winners, source: @CryptoMichNL. The author also notes that a Grayscale trust for SUI has started trading and the ecosystem continues to expand despite weak market conditions, and he does not expect current price levels to persist, source: @CryptoMichNL.