This week, the market is迎来密集的Token解锁期. Data shows that nearly 100 million dollars worth of Tokens will be released in the next few days, involving multiple projects with good Liquidity.

Key unlocking time points summarized: Project H will unlock 105 million Tokens on December 25, equivalent to about 15.62 million USD. On the same day, XPL also has major actions, with 88.89 million coins about to be released, worth 11.5 million USD. By December 28, JUP plans to unlock 53.47 million Tokens, with a market value of about 10.28 million USD.

When it comes to the impact of Token unlocking, short-term selling pressure is indeed an unavoidable issue. This is especially true for projects with a high proportion of unlocks and limited market depth, where price fluctuations can be quite noticeable. However, unlocking itself does not necessarily mean a decline; it largely depends on two dimensions.

First, it is important to clarify who holds the unlockable tokens. The selling intentions of the team, investment institutions, and ordinary holders are completely different. The former often focuses more on long-term value and is not in a hurry to dump; the latter may be more casual. Secondly, it is necessary to assess whether the market has already digested this expectation in advance. If major platforms have been discussing it passionately for a long time, the price may have already reacted, and the actual unlocking date might be smoother.

For holders, the strategy can be considered this way. If it involves the above several coins, it might be wise to appropriately reduce positions or set stop-loss orders, and then decide whether to re-enter based on the trend after the release period ends. Friends who want to buy at the bottom need to be patient and wait for selling pressure to be fully released and for the price to stabilize before entering the market, as this will significantly reduce the risk.

From an overall configuration perspective, mainstream coins like Bitcoin and Ethereum are more worth holding steadily. They also have chips released daily, but the market's absorption capacity is strong, and the volatility is relatively mild. In a bull market environment, the fluctuations created by news often present opportunities. The key is to remain rational and not be led by the data.