Event: Arbitrum officially announced that the new propAMM is coming soon, upgrading its market-making mechanism.
Worth watching: The market-making upgrade is expected to improve liquidity and the trading experience, making it a structural, mildly positive development for the ARB ecosystem. ARB is currently at $0.159, down about 7.2% on the day, with clear weakness. Resistance is at $0.188, and support is at $0.148–$0.150.
Affected token: $ARB .
14. Unibase (UB) to unlock 312.5 million tokens worth approximately $33.3 million
Event: Unibase is about to unlock 312.5 million tokens, worth approximately $33.3 million at the time, while the price remains range-bound.
Worth watching: A large unlock represents definite selling pressure, so watch for a sell-off after the unlock. Monitor spot and futures demand for UB.
Affected token: $UB
Market breadth remains weak, with 36 advancers versus 63 decliners
Event: Breadth indicators for major sectors show about 3 advancers and 63 decliners, with most assets still under pressure. Bitcoin dominance has risen to 59.8% as funds concentrate in Bitcoin.
Worth watching: Until breadth recovers, any rebound is more likely to be a technical bounce than a trend reversal. Further guidance is expected from the PPI data and the Fed's December meeting.
Affected assets: The entire market, especially high-beta altcoins.
Worth watching: The market-making upgrade is expected to improve liquidity and the trading experience, making it a structural, mildly positive development for the ARB ecosystem. ARB is currently at $0.159, down about 7.2% on the day, with clear weakness. Resistance is at $0.188, and support is at $0.148–$0.150.
Affected token: $ARB .
14. Unibase (UB) to unlock 312.5 million tokens worth approximately $33.3 million
Event: Unibase is about to unlock 312.5 million tokens, worth approximately $33.3 million at the time, while the price remains range-bound.
Worth watching: A large unlock represents definite selling pressure, so watch for a sell-off after the unlock. Monitor spot and futures demand for UB.
Affected token: $UB
Market breadth remains weak, with 36 advancers versus 63 decliners
Event: Breadth indicators for major sectors show about 3 advancers and 63 decliners, with most assets still under pressure. Bitcoin dominance has risen to 59.8% as funds concentrate in Bitcoin.
Worth watching: Until breadth recovers, any rebound is more likely to be a technical bounce than a trend reversal. Further guidance is expected from the PPI data and the Fed's December meeting.
Affected assets: The entire market, especially high-beta altcoins.