SUI: MichNL Flags Basecamp Records and 2017 Cycle Parallel

@CryptoMichNL returned from $SUI Basecamp bullish after presenting on exponential adoption curves that mirror 2017 and recording podcasts with founders @EmanAbio and @EvanWeb3. He placed $SUI alongside $ETH and $SOL as the core Layer-1 trio, citing 40 million TPS records, a $500 million Hashi commitment that activates native $BTC, and an Alibaba Cloud partnership for agentic payments as proof the chain is built for micro-transactions at scale.

Since late 2025 tokenization volumes have risen sharply yet price has lagged, leaving $SUI below fair value according to the trader. On the 4-hour chart price sits at $1.12, pressing the EMA50 resistance at $1.13 while the EMA200 at $1.01 continues to anchor the longer-term structure. With the MACD printing a bullish golden cross at -0.02 and RSI at 52.19 remaining neutral, the market is coiling inside the Bollinger Bands; a decisive close above the $1.16 upper band would open continuation, whereas failure at the EMA50 would likely see a measured retracement toward the $1.02 lower band before the next leg higher.