Critical Market Update: $BTC Resistance & The $STRK Unlock Risk 🚫
The market is showing strength, but high-impact events today require a cautious approach.
1. The $BTC Level to Watch
Bitcoin is currently hovering around $96,700. While the trend is bullish, we are seeing a decrease in volume at these highs. A failure to hold $95,000 could lead to a quick retest of $92k.
2. Major Token Unlock Today
Today, Jan 16, Starknet ($STRK ) is releasing approximately 127 million tokens (nearly 5% of supply).
The Risk: Increased sell pressure from early investors.
The Strategy: Avoid "FOMO" buying until the market absorbs this liquidity.
Conclusion: Stay liquid and watch the $ARB unlock coming tomorrow as well. Don't let a green day blind you to scheduled volatility.
#BTC #strk #CryptoAnalysis #tradingtips #USDemocraticPartyBlueVault