The context: a release of tokens is very often a lower episode for the cryptocurrency concerned, in particular because of the liquidations which can occur on the part of the first investors, who acquired the parts at a lower price than the current negotiation price. The evolutions of the Trump course suggest that the bullish force has faded and that the risks of decline increase. Additional pressure could be felt with a large portfolio which has just removed millions in USDC before the jacket of $ 317 million planned for very soon. Thus, the concerns about additional sales are more and more numerous. The indicators suggest an increasingly weak momentum for Trump The Bbtrend indicator of Trump suddenly dropped against 6.23 only two days ago. This sudden decline suggests a weakening of a trend force. Even if the dynamics were stronger and more positive earlier in the week, Bbtrend’s current reading indicates a potential transition to consolidation or even a reversal if buyers’ interest continues to decrease. Trump Bbtrend. Source: tradingView. Bbtrend is a technical indicator that measures the strength of a price trend according to the width of Bollinger bands. Higher values generally indicate a strong directional movement, while lower values suggest that the market enters a less volatile phase. With Trump’s Bbtrend now at 1.58 and approaching the neutral zone, this could indicate that the bullish phase is calming down. If the indicator continues its decline, a lower movement could start and why not lose its support. Trump’s Ichimoku cloud shows a clearly downward configuration. The price is currently negotiated under the blue line (Tenkan) and its red line (Kijun). Trump Ichimoku Cloud. Source: tradingView. This position suggests that short -term dynamics remain low and that buyers have not yet regained control. While the price is still below the cloud, the lowering feeling should last since the cloud can act as resistance. Looking towards the future, the cloud goes from red to green but remains flat and narrow, signaling a limited bullish force. Besides, the perspectives are always uncertain and still lack conviction. For a bullish reversal to increase, the same corner Trump will have to cross the cloud with a very large volume to support it. If this does not happen, prudence will be in place with a very prone to declining potential. A crypto whale withdraws and arouses concerns a portfolio linked to the same Donald Trump withdrawn $ 4.6 million in USDC from Dex Solana Meteora on Tuesday. These funds were previously used to provide liquidity for the Trump/USDC trading pair. They helped ensure more fluid exchanges and price stability. This portfolio made a withdrawal for the first time and it is remarkable, so much by size and timing. Despite this withdrawal, the pool still has around $ 205 million in USDC and $ 122 million in Trump tokens. Portfolio transactions. Source: Solscan. This activity occurs a few days before a major jacket scheduled for next Friday. About 317 million dollars in the same corner will be available. When tokens are unlocked, investors are often worried. Indeed, because the offer increases. If a large part of these new parts are sold, the price could potentially decrease. The withdrawal of $ 4.6 million sparked speculation on initiate movements. Some believe that the funds are repositioned upstream of the upcoming unlocking. In the coming days, on-chain activity will have to be closely monitored with liquidations that could take shape. Morality of history: everything related to Trump is unstable at the moment and the crypto is no exception. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, this article of price analysis is only intended for information purposes and should not be considered as financial or investment advice. Beincrypto undertakes to provide exact and impartial information, but market conditions may change without notice. Always carry out your own research and consult a professional before making any financial decision.
