🚨 ALTCOIN RADAR: $SOL & $ETH REBOUND AS $793M IN TOKEN UNLOCKS LOOM!
While $BTC consolidates above $82k, major altcoins are showing sharp localized momentum:
🔹 Outperforming Majors: ETH andSOL surged +4% today, outpacing Bitcoin's recovery as global risk-off sentiment eases. $SOL's capital turnover continues to outpace ETH on DEX volumes.
🔹 Major Supply Clifts Ahead: Over $793.6 Million in token unlocks hit the market this week, including major supply releases for LayerZero ( $ZRO ) and Plasma ( $XPL ). Watch for potential volatility around these unlock dates!
🔹 XRP Capital Focus: XRP's volume on major Asian exchanges (Upbit) topped Bitcoin last week as traders speculate on pending ecosystem protocol upgrades.
💡 Trader Takeaway: Watch $SOL around the $106-$110 resistance zone and manage risk around high-emission altcoins facing cliff unlocks this week!
🚨 FED TO BUY $14.61B IN T-BILLS OVER NEXT 3 WEEKS! The NY Fed Desk has released its official operation schedule for Oct 19 – Nov 10: 🔹 Operation Breakdown: • Oct 19: $1.827 Billion (Bill Purchases) • Oct 22: $3.653 Billion (Bill Purchases) • Oct 29: $1.827 Billion (Bill Purchases) • Nov 05: $3.652 Billion (Bill Purchases) • Nov 09: $3.653 Billion (Bill Purchases) 🔹 Total Liquidity Impact: $14.612 Billion in Treasury bill purchases hit the market.
⚠️ I'm not using a fixed stop-loss because the price could wick down to sweep liquidity from long positions. I'll close my position if the daily candle closes below the MA99.