SOSO is about to undergo a large-scale token unlock, with an additional 15.82 million tokens being released, creating significant short-term selling pressure and fostering cautious market sentiment. The current price range of $0.40–$0.43 serves as a key support-resistance zone. If Bitcoin fails to remain above $75,000, the downside risk for SOSO will increase; conversely, stabilization in major assets is likely to ease corrections. Considering geopolitical risks and macro liquidity disturbances, investors are advised to strictly control their positions, be wary of volatility during the unlock period, and focus on project fundamentals and ecosystem developments to assess subsequent absorption capacity. If the $0.40 level is breached, short-term defensive exit is recommended; for the medium to long term, it is advisable to remain on the sidelines until the market confirms a bottom before repositioning.

On-chain data shows that SOSO will unlock approximately 15.82 million tokens on April 24, with the new circulating market value close to $6.8 million at current prices. Such large-scale unlocks typically introduce short-term selling pressure. To avoid potential sell-offs post-unlock, investors may lock in some profits in advance, causing the market to be under pressure. Technically, after a surge in trading volume near $0.43, SOSO has recently pulled back, reflecting increased market caution amid unlocking expectations. In the medium to long term, attention should be paid to the project's subsequent ecosystem development and secondary market absorption capacity to evaluate how the new supply will be digested.

According to ChainCatcher and Web3 asset data platform RootData, SoSoValue (SOSO) will unlock approximately 15.82 million tokens valued at about 6.88 million USD on April 24 at 10:00 Beijing time.

RootData: SOSO will unlock tokens worth approximately $6.88M in one week.

Recently, the U.S. blockade of the Strait of Hormuz has caused oil prices to spike, the U.S. dollar to strengthen, and U.S. stock futures to come under pressure, leading to an overall decline in market risk appetite. As a small to mid-cap digital asset, SOSO is more sensitive to macro risk events. On April 17, its candlestick chart showed a pullback from local highs, reflecting the short-term negative impact of rising risk aversion. Continued geopolitical tensions may further drive out arbitrage and speculative capital, increasing the adjustment pressure on SOSO; conversely, any easing of risk aversion could allow it some respite.

Due to Trump's order to blockade the Strait of Hormuz, oil prices surged, US stock futures fell, and the dollar strengthened. This escalation followed failed US-Iran talks in Pakistan, disappointing investors. Elias Haddad from Brown Brothers Harriman noted this will likely reignite risk aversion this week. Investors are also focused on the upcoming Q1 earnings season, seeking corporate leaders' views on rising risks.

Earnings season intertwined with geopolitical crises, market risk aversion reignites.

Bitcoin has recently returned to a four-week high and is approaching the critical $75,000 ‘volatility release point’, potentially intensifying short-term volatility due to a negative gamma effect in derivatives. As a market bellwether, if BTC can hold or break this level, it will inject optimism into both leading and secondary assets; otherwise, the risk of a pullback may spill over to SOSO. The daily chart shows that after a surge in volume on April 16, SOSO rose, only to follow BTC's retracement with its own pullback. If Bitcoin continues to fluctuate, the $0.40 level will be a crucial support for SOSO; if lost, further downside may ensue.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

SoSoValue

It’s not a given that the European Central Bank’s next move on interest rates will be a hike, according to Governing Council member Martins Kazaks.

Kazaks: Will not oppose bets on two interest rate hikes this year

Waller: Rapid resolution of the Middle East situation may allow for interest rate cuts later this year.

Waller: Overall PCE inflation year-over-year in March may reach 3.5%

The Federal Reserve's Waller expressed caution regarding interest rates, warning of the risks of prolonged warfare.

Fed's Daly: Rates May Remain Unchanged

Daly: The federal funds rate is slightly above the neutral level of 3%.

UBS Expects 50 bps Fed Rate Cuts as Gov Miran Downplays Inflation Risks

Federal Reserve's Daly: On hold regarding interest rates.

Easing tensions in the Middle East combined with rising expectations of interest rate cuts have pushed gold close to $4,900.

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SoSoValue Price: SOSO Live Price Today | SOSO Market Cap & Chart Analysis | Bybit-eu

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SOSO price today is 0.43, with a live price change of -1.29 in the last 24 hours. Convert, buy, sell and trade SOSO on Bybit-eu.

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