BtcNextath

The cryptocurrency market is poised for significant movement this week as 17 altcoins are set to unlock approximately $581 million worth of tokens, according to data from Tokenomist. These scheduled unlocks—ranging from massive one-time releases to gradual distributions—could introduce substantial volatility and selling pressure, particularly in projects with a high percentage of unlocked supply.

Major Token Unlocks (May 19–May 26)

Among the most prominent unlocks, PYTH leads the week with an anticipated release valued at $324.09 million, representing 58.62% of its locked token supply. Other notable one-time unlocks include:

ALT: $8.27 million (7.34% of locked supply)

VENOM: $6.13 million (2.51% of locked supply)

These mass unlocks may exert a stronger short-term influence on token prices due to the abrupt increase in circulating supply.

Gradual Unlocks (May 19–May 26)

Several projects will release tokens gradually throughout the week. Although some involve a smaller percentage of total supply, the dollar value is still substantial:

Solana (SOL): $78.64 million (0.09%)

Worldcoin (WLD): $43.18 million (2.69%)

Celestia (TIA): $18.72 million (1.10%)

Dogecoin (DOGE): $21.90 million (0.06%)

Bittensor (TAO): $21.04 million (0.59%)

Avalanche (AVAX): $15.83 million (0.17%)

Sui (SUI): $12.89 million (0.10%)

Polkadot (DOT): $10.86 million (0.15%)

IP: $11.20 million (0.86%)

Morpho (MORPHO): $11.27 million (2.57%)

NEAR Protocol: $8.24 million (0.24%)

EtherFi (ETHFI): $11.26 million (3.53%)

Jito (JTO): $8.11 million (1.29%)

Filecoin (FIL): $7.30 million (0.39%)

Market Implications

Token unlocks can place downward pressure on prices by increasing available supply, especially in low-liquidity environments. Projects such as $PYTH , $WLD , and $ETHFI may experience heightened volatility due to the significant share of tokens entering circulation.

Investors are advised to monitor these developments closely. Unlock events involving more than 1% of total supply are particularly critical, as they are more likely to impact short-term price dynamics. Caution and active risk management are
recommended during this high-volume unlock period.

#PYTH #EtherFi #BinanceAlphaAlert #BTCNextATH

MicroStrategy (Strategy) Faces Class Action Lawsuit Over Bitcoin Strategy Amid $5.9B Q1 Loss - Still Buys More BTC!

MicroStrategy, now rebranded as "Strategy," is under fire after a class action lawsuit was filed against the company and top executives, including Michael Saylor, CEO Phong Le, and CFO Andrew Kang.

The lawsuit, led by investor Anas Hamza, alleges that Strategy made misleading statements and failed to properly disclose the risks and potential losses tied to its aggressive Bitcoin investment strategy and new accounting rules.

🔍 Key Details

Lawsuit filed in Virginia accuses Strategy of overstating profitability and downplaying the risks of Bitcoin’s volatility and the impact of new fair-value accounting rules.

$5.9 billion unrealized Q1 loss reported after adopting new accounting standards that require Bitcoin holdings to be marked to market.

Stock dropped 8.7% after the loss was disclosed in April.

Complaint seeks damages for investors who bought shares between April 30, 2024, and April 4, 2025.

🔥 But Strategy Isn’t Slowing Down:

Despite the legal heat, Strategy just purchased another 7,390 BTC for $765 million last week, bringing its total Bitcoin holdings to 576,230 #BTC - now valued at around $59 billion. The company’s average purchase price for its Bitcoin stash is $69,726 per coin, with an unrealized gain of $19.2 billion at current prices.

💬 Michael Saylor remains defiant:

“My formula for success is rise early, work late, and buy Bitcoin.”

The company says it will vigorously defend itself against the lawsuit, and there’s no sign of a change in strategy.

Will this high-stakes bet pay off, or is Strategy risking it all?
#SaylorBTCPurchase #BTCNextATH

Ethereum ($ETH ) has recently confirmed a golden cross—a technical indicator that occurs when the 50-day moving average crosses above the 200-day moving average. This bullish development has added momentum to an already impressive rally that has seen ETH rise from the $1,500 range to over $2,600 in just two weeks. Market participants are now closely watching for a decisive break above the $3,000 mark, a key psychological and technical level.

Momentum Strong, But Short-Term Caution Warranted

While Ethereum's price action remains bullish, there are emerging signs of potential short-term exhaustion. The Relative Strength Index (RSI) has entered overbought territory, indicating the possibility of a temporary pullback or consolidation. Moreover, the recent rally has encountered stiff resistance around the $2,900 level—an area that aligns with the 200-day moving average and a prior breakdown zone from February.

Failure to break and hold above this resistance could lead to a retracement toward the $2,200–$2,100 support zone, which coincides with the 100-day moving average. This range represents a critical area for bulls to defend in the event of a pullback.

Short Squeeze Fueled the Surge, But Demand Must Follow

Ethereum’s rapid ascent was partly driven by a significant short squeeze, particularly as the price surged past $2,400 and $2,600. The forced liquidation of short positions added fuel to the rally, but recent data suggests that this source of momentum may be waning. Heavy liquidations last week indicate that much of the short interest has already been flushed out, potentially signaling a local top.

For Ethereum to sustain its upward trajectory, fresh buying interest is essential. Without renewed demand, ETH may continue to consolidate or face a mild correction in the near term.

Outlook: Consolidation or Breakout?

On the 4-hour chart, Ethereum has been trading in a narrow range between $2,500 and $2,600, suggesting a period of consolidation. A bearish RSI divergence—where price forms higher highs while momentum declines—further supports the case for a possible short-term pullback.

However, the golden cross remains a notable signal of longer-term strength. Should Ethereum regain $2,600 with strong volume and push above the $2,900 resistance, it would likely pave the way for a rally toward $3,000 and potentially higher levels, with $4,000 as the next major target.

In summary, Ethereum's bullish structure remains intact, but the path forward depends on the ability to attract new buyers and overcome key resistance levels. Whether ETH breaks out or consolidates further, the current technical landscape suggests that the next move could be significant.