SUI Token Unlock Sparks Price Battle: Will Bulls or Bears Win in June 2025?

The cryptocurrency market is no stranger to high-stakes battles, and Sui (SUI) is stepping into the ring this June with a critical test. The release of 44 million newly unlocked tokens—roughly 2% of SUI’s total supply—has set the stage for a pivotal moment. As SUI’s price struggles to regain its footing, the Wall Street Queen Official team is diving into the action, analyzing whether the bulls can seize control or if the bears will dominate. Join us as we break down the key levels, market signals, and what this means for SUI’s future!

SUI’s Price Rollercoaster: A Critical Juncture

SUI recently hit a high of $4.15 in early May, breaking a four-month consolidation phase and igniting excitement among traders. However, the rally was short-lived, with SUI shedding nearly 21% of its value in a sharp pullback. While Bitcoin (BTC) continues to soar to new all-time highs, SUI has failed to ride the broader market’s wave, leaving bulls struggling to defend key support levels. The introduction of 44 million new tokens into circulation adds fuel to the fire, creating a make-or-break moment for SUI’s price trajectory.

At Wall Street Queen Official, we’re closely watching this token unlock. Historically, such events can either trigger profit-taking that drives prices lower or spark accumulation if demand is strong. Will buyers absorb the new supply and push SUI higher, or will selling pressure send it below the critical $3 support level? Let’s explore the data and signals shaping this battle.

On-Chain Insights: A Tug of War Between Bulls and Bears

Our analysis, powered by data from CryptoQuant, reveals a fascinating split in market sentiment. SUI’s 90-day Spot Taker Cumulative Volume Delta (CVD)—a metric tracking net buying or selling pressure in the spot market—has flipped positive for the first time since the “Trump Pump” in January 2024, when SUI skyrocketed to $5.36. This shift signals renewed accumulation by spot buyers, hinting at growing demand that could stabilize or even lift prices.

However, the futures market tells a different story. SUI’s Futures Taker CVD remains negative, indicating that short sellers are still betting on further downside. This divergence between spot buying and futures selling is a classic setup for volatility, setting the stage for a potential short squeeze if bulls gain the upper hand—or a deeper correction if bears maintain control.

What’s Next for SUI? Two Paths Forward

The Wall Street Queen Official team sees two clear scenarios for SUI in the coming weeks:

1. Bullish Breakout: If spot market demand continues to build, buyers could overwhelm short sellers, triggering a short squeeze. This could propel SUI back toward resistance at $3.50 and potentially the $4 range, signaling a resumption of its bullish trend. Strong on-chain buying and forced short covering would be key catalysts.
2. Bearish Breakdown: If the new token supply overwhelms demand, SUI risks slipping below the critical $3 support. Previous attempts to establish a solid base have faltered, giving bears the edge. A break below this level could erode confidence and lead to further selling pressure.

Why This Matters for Traders and Investors

This token unlock is a litmus test for SUI’s market strength. Robust demand that absorbs the new supply would signal strong investor confidence and bolster SUI’s medium-term outlook. Conversely, failure to hold key levels could lead to heightened volatility and deeper retracements. Traders should keep a close eye on price action around $3 and $3.50, alongside on-chain metrics like Spot and Futures CVD, to anticipate SUI’s next move.

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SUI’s June 2025 token unlock is a defining moment. Will the bulls stage a comeback, or will the bears tighten their grip? Trust Wall Street Queen Official to guide you through the volatility with real-time updates and in-depth analysis. Let’s conquer the markets together!

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