Bitcoin’s Wild Ride: Sui’s Plot to Dethrone Ethereum 🚀

Grayscale Research is out here hyping Sui like it’s the next big thing in the crypto world. Move over, Ethereum—Sui’s here to steal your lunch money. Apparently, Sui can handle high transaction volumes without breaking a sweat, unlike Ethereum, which needs a whole entourage of scaling layers just to keep up. 🥱 Sure, Sui only has 0.3% of the market share, but it’s growing faster than a teenager’s TikTok following. With $830M in TVL and a TVL-to-market cap ratio of 2.16, Grayscale’s basically saying, “Ethereum, you’re on notice.” 🚨

Bitcoin’s been playing a game of “Will it go up or down?” like it’s auditioning for a soap opera. 🎭 Over the past three days, Long and Short positions have been neck and neck, but Longs have been winning the weekly marathon. The big liquidation zones are around $89K and below $83K, which means no matter where Bitcoin goes next, someone’s going to be crying into their coffee. ☕️ So, buckle up, traders—this ride’s about to get bumpy. 🎢