token unlocks continues to pressure desk risk limits
The edge is often just refusing to confuse volume with conviction.
Against the backdrop of “Tokenization firm tZERO plans to go public in $350 million SPAC deal” and “XRP Ledger set to fix flaw that could let stablecoin partners print new tokens”, positioning still matters more than slogans.
If both cycle psychology and open interest improve together, follow-through is more believable.
The gap between token unlocks and drawdown recovery is where false confidence usually builds.
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