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CRYPTO MECHANIC
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I think the best thing to do right now is avoid trading this market condition.
There is no clear direction. Don't take unnecessary losses . Trade when it's easy.
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64.19M or $129M worth of $SUI tokens will be unlocked on 1st November. That's 2.32% of the total supply.
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November first week will be highly volatile because of US elections on 5th November and then FOMC on 6th November. I think the uncertainty will be on peak so i will just avoid it. Least likely i will open any new Swing trades unless it's very high probability setup. Most of the people are anticipating that trump will win as Odds are increasing everyday (69%) and they think trump winning is good for crypto. In my opinion someone winning on the internet doesn't mean he will actually win so i would like to see the outcome before i risk my money.
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