$AKE good news is all out; unlocking is bearish. On September 21, 2.13 billion tokens will be released at once, worth US$31.51 million. The unlockers are early investors and the team, with extremely low costs—stronger selling motivation than anyone else. What the current pump is doing is laying a path for the unlock to dump.
The top 100 addresses control 98.82%, and the circulating supply is only 22.79%, making the market light enough that with a small amount of capital it can be pushed up by 100% or more. But this kind of rise has no real buy-side support—it’s just something the shorts got liquidated into. Dropping from the 0.048 high back to 0.042, and the long upper wick already shows the problem—chasing capital can’t get traction.
The short side in the contracts market was just wiped out in a round, but with unlocking right around the corner, the real sell pressure hasn’t arrived yet. When the project team and early holders start distributing, bulls won’t even get a chance to run.
Short directly at 0.042–0.044, stop-loss above 0.050. First target 0.030; if it breaks down, look to 0.020. Before the unlock lands, the bias is slightly bearish—hold tight.
The top 100 addresses control 98.82%, and the circulating supply is only 22.79%, making the market light enough that with a small amount of capital it can be pushed up by 100% or more. But this kind of rise has no real buy-side support—it’s just something the shorts got liquidated into. Dropping from the 0.048 high back to 0.042, and the long upper wick already shows the problem—chasing capital can’t get traction.
The short side in the contracts market was just wiped out in a round, but with unlocking right around the corner, the real sell pressure hasn’t arrived yet. When the project team and early holders start distributing, bulls won’t even get a chance to run.
Short directly at 0.042–0.044, stop-loss above 0.050. First target 0.030; if it breaks down, look to 0.020. Before the unlock lands, the bias is slightly bearish—hold tight.
