Taran Sabharwal, founder of crypto OTC firm Stix, projected that the sell-pressure could be half of the token unlocks , as only half have been unstaked for sell-off on October 31st. He
“We expect a lot of these shorts to continue winding down, partially negating the spot-selling pressure. This funding reset may be a bull signal for spot buyers.” “With unlocks getting absorbed by the market and shorts starting to cover, it could be one of the best entries on $TIA for those bullish on the ETH modularity narrative.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Celestia targets $6.9 as market confidence rises: What’s next for TIA?TIA has gained notable traction after successfully breaking out of its descending channel, positioning itself for a potential bullish run.
Source: CryptoAmb - 🏆 22. / 68 Read more »
SUI TVL drops below $1B amid market cooldown: What about price?A recap of Sui blockchain's latest performance, the impact on SUI demand and potential new catalyst to keep things chugging along.
Source: CryptoAmb - 🏆 22. / 68 Read more »
MUMU crypto rises 84% in 30 days: Targets $1B market capMumu the Bull has surged by over 23% in the last 24 hours and 84% over the past month eliciting potential future gains.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Iran and Israel market impact: Market Domination OvertimeAfter markets (^DJI,^GSPC, ^IXIC) closed lower amid increased geopolitical tensions, Julie Hyman and Josh Lipton look at the top stories of the trading day, ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian shares gain as China releases plan for market supportBANGKOK (AP) — Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Nvidia, crypto space, money market flows: Market TakeawaysUS stocks (^DJI, ^IXIC, ^GSPC) charged into positive territory today, with the S&P 500 and Dow Jones Industrial Average notching brand new record highs...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »