Crypto Markets Brace for Volatility: Token Unlocks and Bitcoin's Bearish Technical Signals
Crypto Markets Brace for Volatility: Token Unlocks and Bitcoin's Bearish Technical Signals
The crypto market faces a week of potential volatility driven by significant token unlocks for ZRO, SOON, and YZY, introducing fresh supply. Concurrently, Bitcoin (BTC) is exhibiting bearish technical indicators, including a 'Death Cross' formation and testing critical support levels, suggesting a decisive market move could be imminent.
More than 78 million tokens from ZRO, SOON, and YZY are set to hit the market this week, creating potential volatility as fresh supply joins a busy November unlock cycle.
Bitcoin, Gold, and Silver are testing critical support zones as early reversal signals appear across RSI, AO, and volume profiles. With BTC forming a Death Cross and XAU and XAG retracing into major liquidity clusters, traders now watch for a decisive break or bounce that could define the next market move.