Sui [$SUI] has been stuck in a downtrend in the higher time horizon. It made an all-time high at $5.35 in January 2025. Three months later, the move had corrected by 68%, and by November 2025, the downtrend was officially confirmed.

The Sui crypto price is down 87.3% from its all-time high. Since June 6, the altcoin has hovered around the $0.67-$0.77 area on the price charts.

Is this consolidation phase a good time to buy the Layer 1 token, or should investors wait for another sell-off?

Clues from the long-term $SUI crypto price trend

On the face of things, a two-month consolidation phase around $0.70 appeared to signal a good buying opportunity. At the same time, Bitcoin [BTC] stubbornly clung to the $60k psychological support…