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There are currently many cases where #Altcoins are accumulating for several months.
They are not dropping sharply further.
They are also not increasing in price.
This is the accumulation phase for many of these cryptocurrencies.
$SUI also shows a similar pattern, holding the 21-day MA as support, but still stuck between $0.80-1.10.
It is very likely to start attacking the $1.10 high if Bitcoin shows more strength.
Gold price volatility decreases --> VIX decreases --> Nasdaq increases --> Bitcoin lags by 1-3 weeks --> #Altcoins follow with a 1-2 week delay.
If Bitcoin accumulates here and moves sideways, I predict many other altcoins will follow Bitcoin's path, and that will open opportunities for $SUI to rise to $1.75.