2026-01-23 01:00:56

Today the market really didn't show much improvement. Bitcoin repeatedly fluctuated around the $90,000 mark, and Ethereum only barely recovered to $3,000. The overall market sentiment is a bit cold—on one hand worried about missing out, on the other hand afraid of being trapped, feeling caught between a rock and a hard place.

More importantly, attention should be paid to upcoming risks. The projects ANIME, ZORA, W, and AVAIL are about to unlock their funds, releasing over $15 million. This concentrated selling pressure often causes significant impact on the market, especially for less liquid altcoins, which could be disastrous. If you're still trading with high leverage, now is really the time to consider the risks.

BTC-0,23%

ETH-1,16%

ANIME1,94%

ZORA1,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

4 Likes

Reward
4
7
Repost
Share

Comment

0/400

GateUser-9f682d4c

· 3h ago

High leverage definitely needs to be reduced. If this unlocking wave crashes down, altcoins will absolutely collapse. When caught between two difficult situations, you just have to lie flat. Anyway, I am already out of the market waiting. That bunch of trash projects like ANIME, just waiting to watch the spectacle. The 90,000 level is really meaningless. Fluctuating back and forth is uncomfortable for everyone. With $15 million pouring in, small-cap coins will have to run away in a wave. Waiting to see how ZORA moves, now that’s the real main event. Playing with leverage at this time, really tired of living, right? The selling pressure comes, and illiquid coins will die. I have a plan.

View OriginalReply0

MetaMasked

· 13h ago

Damn, I knew something was going to happen when those four ANIME projects unlocked together. Missing out is okay, better than getting wrecked. Repeatedly hitting the 90,000 level is really annoying, feels like gambling. With 15 million pouring in, these small coins can't withstand it at all. Just be honest and reduce leverage, everyone. It's true that neither side is a good choice, doing nothing right now might actually be the smartest move. Small coins have such poor liquidity but still dare to go all-in, just waiting to be cut by the whales. Friends with high leverage, I advise you to run now. Ethereum struggling around 3000, this bear market isn't over yet. I think ZORA and W will both fall, be mentally prepared. This wave of selling pressure is coming, staying in cash and lying low is the way to go.

View OriginalReply0

SelfMadeRuggee

· 13h ago

Neither end is a person, I feel exactly like that now haha The leverage was already closed, this wave of unlocking is really damn dangerous I’ve long since given up on AVAIL, luckily I didn’t hold a heavy position 90,000 yuan is really too uncomfortable, can’t go up or down How can altcoins survive with 15 million dollars pouring in? Just liquidate everything Can't make money and still worry about liquidation, I choose to lie flat If this round of unlocking breaks through, how much longer will it fall again? Dancing on the brink of bankruptcy, better to hold coins and sleep

View OriginalReply0

CryptoPunster

· 14h ago

Laughing as I lose this one, this is my daily routine. Not human at both ends? No, actually both ends are human, just the wallet is empty. $15 million poured in, altcoins are probably going to meet Marx. Brothers using high leverage, is it still possible to change your will now? At the $90,000 level, Bitcoin is dancing while we are jumping walls. This wave of unlocking and dumping might make small coins experience free fall. It's another "time to think about the risks" moment, but we all know, no one really wants to.

View OriginalReply0

GasBankrupter

· 14h ago

Be careful with this wave of unlocking, altcoins might get crushed. Playing with high leverage now is a gamble with your life, I advise you not to do it. Repeatedly jumping between missing out and being trapped, it's truly despairing. Those four concentrated sell-offs by ANIME, this time it's time to reduce positions. The market is stuck like this, better to get out now and play it safe. Fifteen million is pouring in, small and medium-cap coins can't withstand it. Me too, full leverage and waiting to die, I accept it this time. Staying still like a mountain is the safest, this is how the market is right now. Watching the charts is painful, but what's even more painful is being forcibly liquidated due to high leverage.

View OriginalReply0

SoliditySlayer

· 14h ago

Damn market, still dithering at 90,000. At this rate, we'll be waiting until the Year of the Monkey and the Horse. 15 million in selling pressure? I'm all too familiar with this routine, every time it's the same way to cut the leeks. Brothers using high leverage, you really need to take it easy this time, or you'll end up becoming the exchange's ATM again. That pile of junk called ZORA has been wanting to be smashed for a long time, just waiting for this wave of unlocking. The crypto world is really just a casino, with new explosions waiting for you every few days. I'm choosing to lie low this time; anyway, no matter how you play, you'll get cut. Maintaining a positive mindset is the right way, everyone. Don't let this crappy market break you down. The old guys who entered now are probably gambling, what are they trying to achieve? Two-faced people are really the worst, I feel exactly like that right now. Waiting for this wave of unlocking to finish before making a judgment. Entering now is just asking for death.

View OriginalReply0

BrokenDAO

· 14h ago

No matter how well the lock-up mechanism is designed, it can't save this wave; it's all due to incentive distortions. Once the unlocking wave hits, you'll know who's swimming naked; tokens with poor liquidity simply can't withstand it. High leverage at this time and not reducing positions is just gambling—inequality theory doesn't hold. The so-called dilemma is just a fancy way of saying the market pricing mechanism has failed. These four projects are concentrated in releasing pressure, and the governance inertia case library is about to be updated again.

View OriginalReply0