Workflow
Token unlock
icon
Search documents
3 Altcoins To Watch In The Second Week Of October 2025
Yahoo Financeยท 2025-10-06 18:00
Group 1: Market Overview - The crypto market is expected to perform well in the coming days due to the ongoing US Government Shutdown, which may drive up Bitcoin and altcoin prices, attracting new investors [1] Group 2: SPX Analysis - SPX is currently trading at $1.62, having surged nearly 62% over the past week, reaching a two-month high [2] - SPX is approximately 41% away from its all-time high of $2.29, achieved in late July, with technical indicators suggesting sustained bullish momentum [3] - If the bullish trend continues, SPX could break through the $1.74 resistance level and potentially reach $2.00 [3] - Market sentiment is crucial for sustaining the rally; profit-taking could lead SPX to fall below the $1.58 support level, with a deeper correction potentially pushing it down to $1.39 or lower [4][5] Group 3: Optimism (OP) Analysis - Optimism is preparing for a major token unlock this week, with 4.47 million OP tokens worth over $3.28 million entering circulation, which may trigger selling pressure [6] - Technical indicators show mixed signals, with the Parabolic SAR indicating that OP may consolidate between $0.76 and $0.71, suggesting limited volatility as the market absorbs the new token influx [7] - If bearish sentiment strengthens post-unlock, OP's price could break below the $0.71 support level, potentially driving it down to $0.68 or lower [8] Group 4: Aptos (APT) Analysis - Aptos is set for a significant token unlock this week, with 11.31 million APT tokens worth nearly $60 million entering circulation, which may introduce short-term volatility and selling pressure [9]