According to Michaël van de Poppe (@CryptoMichNL), the recent SUI Basecamp event generated highly positive sentiment across the SUI ecosystem, directly reflected in the price action. SUI has clearly broken out of its previous downward pattern, showing a strong upward move and establishing a new uptrend. Traders should note the breakout as a confirmed signal of bullish momentum, with increased trading volumes and positive market energy, supporting further upside potential in the short term (source: Twitter/@CryptoMichNL, May 8, 2025).