What moves the market more this week: the ALLO token unlock today, or PPI on Friday? 🤔
The KuCoin daily report flags today, 11 November, for an ALLO token unlock worth about 88.51 percent of its circulating supply, valued near 26.42 million dollars, plus CoreWeave earnings, while Friday 13 November brings the October Producer Price Index at 8:30 a.m. Eastern. 📊 On the other side of the ledger, Miami-Dade County has begun accepting bitcoin payments for property taxes, a small but real adoption step in the middle of a fear driven market. My reading is that unlocks hit one coin hard and PPI hits the whole market, so the unlock is a coin specific risk while PPI decides whether Bitcoin holds 72,700 dollars or breaks toward 70,000 dollars, and traders should know which one they are actually trading before they put size on.
Which one are you watching closer: the ALLO unlock today, or PPI on Friday? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #PPI
The KuCoin daily report flags today, 11 November, for an ALLO token unlock worth about 88.51 percent of its circulating supply, valued near 26.42 million dollars, plus CoreWeave earnings, while Friday 13 November brings the October Producer Price Index at 8:30 a.m. Eastern. 📊 On the other side of the ledger, Miami-Dade County has begun accepting bitcoin payments for property taxes, a small but real adoption step in the middle of a fear driven market. My reading is that unlocks hit one coin hard and PPI hits the whole market, so the unlock is a coin specific risk while PPI decides whether Bitcoin holds 72,700 dollars or breaks toward 70,000 dollars, and traders should know which one they are actually trading before they put size on.
Which one are you watching closer: the ALLO unlock today, or PPI on Friday? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #PPI
