Sabitlenmiş Tweet
Benji
4.8K posts
Benji
@benjamin_woods
I track crypto projects daily and post the data CT won't marketing and growth @symphonyAg
on-chain Katılım Ocak 2024
630 Takip Edilen1.9K Takipçiler
@benjamin_woods 74% staked is a lot of idle supply waiting to be unleashed
English
$SUI $1.50 watch - Day 2
Price: $1.14 → Target: $1.50
Deadline: June 15
🔴 $1.20 floor - broke on daily close. Flagging it like I said I would.
🟢 Supply - 74% staked
🟢 CME 24/7 - 14 days out
🟢 BTC - $80.5K, above $77K kill switch
🟡 RSI - still cooling
$1.20 didn't hold.
Stablecoin mcap on SUI: $579M, up 2.15% this week. Daily inflows doubled to $29k . Price is dropping but capital on-chain is growing.
Last time this divergence showed up was the week before the $1.20 breakout.
Weekly close below $1.10 kills the thesis. Until then, the framework stays live.
Benji@benjamin_woods
🚨 BREAKING: $SUI pulled back 10% from $1.42. CT is calling the top. "Overbought." "It pumped and dumped." They said the same thing at $0.94. Next level I'm watching: $1.50. The data says it's in play before June 15 if the structure holds. The 200-day EMA sits at $1.43 that's the last wall between an 82% drawdown and a confirmed trend reversal. $1.50 is the other side. Why I think it gets there: My $1.20 target didn't just hit, it became the floor. Old resistance turning into new support is the strongest signal in technical analysis. May 29, CME goes 24/7 for all crypto futures. Institutional desks get real-time access to $SUI for the first time. That's the next demand catalyst and it has a date. Supply keeps tightening. 74% staked. 3 spot ETFs accumulating daily. June 1 unlock is 0.14% of supply. What kills the thesis: - Weekly close below $1.10 - BTC below $77K - CME 24/7 gets delayed If any of these trigger, the framework is invalid and I'll say so publicly. Same rules as last time. Public tracking. Daily updates. No edits. No deletions. If I'm wrong, you'll watch me be wrong in real time. That's how this account works.
English
@benjamin_woods -20,55% since last pump.
Fibo retracement almost hit 0.786, still no sign to a new wave pump 😭😭😭
English
📰 $SUI just announced Sui Spheres and almost nobody is talking about it.
Spheres are controlled execution environments for institutions, selective visibility, restricted access, custom governance, with the ability to connect back to the public Sui network when they need liquidity.
Private lanes that still plug into the public highway.
This matters because the single biggest objection from Wall Street has always been: "We can't run workflows on a fully transparent chain."
Spheres removes that objection. Compliance-ready. Multi-party. Targeting supply chain, financial settlements, and RWA tokenization.
Yesterday the CLARITY Act passed committee. Today Sui ships the infrastructure for institutions to actually use the chain privately.
SUI is at $1.13. Nobody is paying attention. That's usually when it matters most.
English
@benjamin_woods This will repeat again … When you find indicators that show how it is undervalued, it will be the best position to bet in.
English
@benjamin_woods I hope u right with ur support at $1.10.... the correction is big atm 😭
English
🚨 BREAKING:
$SUI pulled back 10% from $1.42.
CT is calling the top. "Overbought." "It pumped and dumped."
They said the same thing at $0.94.
Next level I'm watching: $1.50. The data says it's in play before June 15 if the structure holds.
The 200-day EMA sits at $1.43 that's the last wall between an 82% drawdown and a confirmed trend reversal. $1.50 is the other side.
Why I think it gets there:
My $1.20 target didn't just hit, it became the floor. Old resistance turning into new support is the strongest signal in technical analysis.
May 29, CME goes 24/7 for all crypto futures. Institutional desks get real-time access to $SUI for the first time. That's the next demand catalyst and it has a date.
Supply keeps tightening. 74% staked. 3 spot ETFs accumulating daily. June 1 unlock is 0.14% of supply.
What kills the thesis:
- Weekly close below $1.10
- BTC below $77K
- CME 24/7 gets delayed
If any of these trigger, the framework is invalid and I'll say so publicly.
Same rules as last time. Public tracking. Daily updates. No edits. No deletions.
If I'm wrong, you'll watch me be wrong in real time. That's how this account works.
English
@benjamin_woods Look what I saw on coinbase notifications in the morn ing when I woke up.....
English
🚨 BREAKING:
The U.S. Senate Banking Committee is voting on the CLARITY Act right now.
This is the first ever committee vote on a full crypto market structure bill. If it passes, SEC and CFTC jurisdictions get defined by statute not enforcement.
Here's why this matters for $SUI specifically:
SUI already has 3 spot ETFs live. CME futures active. CME 24/7 launching May 29. Institutional staking through SUIG.
Most L1s are still waiting for regulatory clarity to attract institutions. SUI already built the infrastructure. The CLARITY Act just removes the last barrier.
If this passes committee today, it goes to a full Senate vote before year-end. That's a regulatory tailwind for every chain with institutional exposure and no L1 under $5B market cap has more institutional infrastructure than SUI right now.
The vote is at 10:30 AM ET. 100+ amendments filed. I'm watching.
This could quietly be the biggest catalyst of the month and nobody on CT is connecting it to $SUI.
English
@benjamin_woods Builders have been waiting for this. We've been waiting for this
They need to be quick about it
English
@benjamin_woods Any idea why @Bitwise hasnt launched their $SUI ETF yet?
Been a while since they made the announcement
English
@benjamin_woods Getting tougher but still permeable.
This week might likely end on the bullish side
English
$SUI $1.50 watch - Day 1
Price: $1.18 → Target: $1.50
Deadline: June 15
🟡 $1.20 floor - price dipped below to $1.18. Watching for the daily close.
🟢 Supply - 74% staked, no change
🟢 CME 24/7 - 15 days out
🟡 BTC - $79.6K, holding above $77K kill switch
🟡 RSI - cooling hard, overbought resetting
No invalidation triggers hit. But today matters.
$1.20 was the floor of this entire thesis. SUI is testing it right now. If the daily candle closes above $1.20, the floor is confirmed under pressure. If it doesn't, I'll flag it tomorrow.
This is where tracking in real time matters. Not just the easy days.
15 days until CME 24/7.
Benji@benjamin_woods
🚨 BREAKING: $SUI pulled back 10% from $1.42. CT is calling the top. "Overbought." "It pumped and dumped." They said the same thing at $0.94. Next level I'm watching: $1.50. The data says it's in play before June 15 if the structure holds. The 200-day EMA sits at $1.43 that's the last wall between an 82% drawdown and a confirmed trend reversal. $1.50 is the other side. Why I think it gets there: My $1.20 target didn't just hit, it became the floor. Old resistance turning into new support is the strongest signal in technical analysis. May 29, CME goes 24/7 for all crypto futures. Institutional desks get real-time access to $SUI for the first time. That's the next demand catalyst and it has a date. Supply keeps tightening. 74% staked. 3 spot ETFs accumulating daily. June 1 unlock is 0.14% of supply. What kills the thesis: - Weekly close below $1.10 - BTC below $77K - CME 24/7 gets delayed If any of these trigger, the framework is invalid and I'll say so publicly. Same rules as last time. Public tracking. Daily updates. No edits. No deletions. If I'm wrong, you'll watch me be wrong in real time. That's how this account works.
English
@benjamin_woods Time to bag more?
Do you think we might see more draw down?
English