TL;DR
- SUI dipped below $1.10 and traded near $1.13 on Feb. 3, 2026 as Bitcoin held $78,000 in a risk-off tape.
- HashKey Exchange will list SUI/USD for professional investors, opening OTC trading at 16:00 HK on Feb. 4; deposits and withdrawals are live.
- RSI is oversold with $1.12 support; resistance sits at $1.20-$1.34, and bearish MACD leaves downside below $1.00.
SUI extended its decline in the latest crypto selloff, slipping below $1.10 before trading around $1.13. The move tracked Bitcoin near $78,000 and a drawdown across major altcoins as bids stepped back. With SUI now ranked outside the top 20 by market value, liquidity can thin quickly when sellers press. Even with a fresh venue catalyst, SUI is being priced first and foremost as a risk sentiment proxy. Against that backdrop, Hong Kong’s HashKey Exchange confirmed it will add SUI/USD for professional investors from Feb. 4.
HashKey listing and price levels
SUI’s pullback is described as mostly tape-driven rather than project-specific into early February. The token is down about 12% over the past week, mirroring volatility across high-beta assets, with Solana sliding to a 10-month low below $100 in the same window. The pressure is linked to macro uncertainty and profit-taking after earlier rallies. The key read is that supportive narratives struggled to stick because the market stayed in de-risking mode. That included news that President Donald Trump nominated crypto-friendly Kevin Warsh for the next Federal Reserve chair.
HashKey said the SUI/USD pair will open for over-the-counter trading at 16:00 Hong Kong time on Feb. 4, 2026, after a Feb. 3 announcement. Deposits and withdrawals are already live so qualified participants can prepare. Access will be limited to professional investors under Hong Kong’s Virtual Asset Service Provider regime. The listing is positioned as a compliance-first liquidity upgrade, with immediate reach intentionally constrained. The venue expects the addition to improve regional liquidity for SUI as interest grows in high-throughput layer-1 blockchains used in DeFi and Web3.
Historically, Asian exchange listings can lift trading activity for altcoins, although HashKey’s OTC format narrows the audience. SUI is framed as oversold, with the relative strength index in oversold territory and $1.12 cited as key support. Near-term resistance is seen in the $1.20 to $1.34 range, with the upper band marked as a prior demand zone. The roadmap is binary: build buying interest for a rebound, or risk renewed pressure below $1.00 while MACD stays bearish. Direction remains closely tied to shifts in risk sentiment and Bitcoin price action.
