#数字资产市场洞察 This week, the token unlocking market is heating up to an extreme. The total unlocking scale of 7 types of coins has surged to 56.56 million USD, with one mainstream token alone accounting for 18.71 million USD—if you think this is just a routine operation, you might need to review history. Each time a large-scale unlocking occurs, market participants have to go through a round of adjustment. Market makers lay out their strategies in advance, retail investors follow suit, and then the price comes under downward pressure; this rhythm has long been understood. Look at the charts from previous unlocking waves, which one hasn't experienced short-term drastic fluctuations? If this unlocking cycle sees a similar situation, the risks of holdings should not be underestimated. Especially for those newbies who chase the price to enter, they often jump in at the most inappropriate time to catch a falling knife. Once the market fluctuates in reverse, the speed at which unrealized losses turn into realized losses can be so fast that it catches people off guard. Instead of betting on a rebound after unlocking, it’s better to clearly see the rhythm and risks of this wave. $BTC The market always needs calm analysis, not blind following.