Recently, SUI has gained favor from Alibaba, with rumors that the two parties will collaborate on AI and cloud services, with Alibaba providing computing power and SUI responsible for Web3 implementation. This news directly boosted the token price, which increased by 26% over 7 days. The community's enthusiasm is extremely high now, and SUI's on-chain activity has also been ranked among the mainstream by authoritative platforms like Dune. It seems that the infrastructure aspect is really gaining momentum.

However, there are also many pitfalls to watch out for behind this big surge. Although institutions are buying in and the mid-term outlook looks strong, the RSI has already become seriously overbought, and more people are looking to cash out on exchanges. The most critical point is that the Alibaba partnership has not been officially confirmed yet. If the rumors turn out to be false, the price could drop sharply. Plus, considering the previous unlock and retracement history, keep a close eye on official announcements to avoid being caught in a short-term trap! $SUI ‌#Gate广场五月交易分享