According to reports, investors are paying attention to GENIUS, a related asset of Genius Terminal, due to the unlock schedule next month, with its relevant share price rising by about 3% within 24 hours.
However, the rebound before the unlock looks more like the market trading expectations in advance, and it does not mean that sell-pressure after the unlock will disappear. Going forward, we still need to monitor the unlock size, the concentration of the chips, and the actual amount of absorption. If the short-term price increase has already priced in sentiment, then when the event actually happens, it may instead amplify volatility.
In terms of approach, don’t just look at gains and losses—first understand the structure of the order flow. Position management and risk contingency plans are more important than chasing short-term market sentiment.
#GENIUS #Altcoin #cryptocurrency
However, the rebound before the unlock looks more like the market trading expectations in advance, and it does not mean that sell-pressure after the unlock will disappear. Going forward, we still need to monitor the unlock size, the concentration of the chips, and the actual amount of absorption. If the short-term price increase has already priced in sentiment, then when the event actually happens, it may instead amplify volatility.
In terms of approach, don’t just look at gains and losses—first understand the structure of the order flow. Position management and risk contingency plans are more important than chasing short-term market sentiment.
#GENIUS #Altcoin #cryptocurrency