💥 "#APT and #MOVE are about to usher in large amounts of unlocking. Are you going to buy the bottom or take risks this time?"
According to data from Token Unlocks, APT will unlock large tokens on January 11 and MOVE on January 9. These two projects have attracted great attention from the market. So, how will this affect currency prices?
What will a large amount of unlocking bring?
🛑 Selling pressure: Unlocked tokens are likely to be sold by early holders (project parties, investors, etc.), putting downward pressure on prices. In particular, the market depth of MOVE is not too high and the volatility may be greater.
🟢 Confidence test: If the selling after unlocking is limited, or the market can quickly digest the unlocked amount, it will make everyone more confident in the project.
What to watch next?
📉 Short-term risk: Price fluctuations may be amplified before and after unlocking. Short-term traders are advised to observe market sentiment and the movement of large order funds. If there is a sharp decline, you can consider entering the market in batches to pick up bargains, but don't forget to set a stop loss.
📈 Long-term strategy: If you have faith in the long-term value of APT and MOVE, this unlock may be an opportunity to increase your position, but remember not to make a large position at once, after all, market uncertainty still exists.
Summarize
Although the unlocking of APT and MOVE may bring about price fluctuations, this is not necessarily a bad thing. Every fluctuation in the market hides short-term opportunities and moments of confirmation of long-term value.
My advice is to analyze rationally before making a move and don’t let FOMO or panic affect your decision-making.
