Next Week's Market Watchpoints: Token Unlock Rush and Economic Indicators Intersect

According to the RootData schedule, several major events are concentrated from January 5 to 11. Of particular interest are the large-scale token unlocks coinciding with the release of economic data in the US and Eurozone.

**Increased Liquidity Supply Due to Token Unlocks**

On January 5, Ethena (ENA) will release 17,187,500 tokens into the market, valued at approximately $40.8975 million, accounting for 2.235% of the existing circulating supply. On the same day, XION will also unlock 1,678,600 tokens (valued at $344,000).

On January 7, Hashflow (HFT) will unlock 11,694,200 tokens ($339,800), and on the 8th, Stable (STABLE) is scheduled to unlock a large amount of 888,888,900 tokens ($15.2067 million), representing 4.951% of the circulating supply, raising concerns about market supply pressure.

On January 9, multiple tokens will unlock on the same day. Lava Network (LAVA) will release 14,520,000 tokens ($20.7958 million, over 54.215% of circulating supply), Movement Network (MOVE) will unlock 17,673,600 tokens ($6.5114 million), and Wormhole (W) will release 40,318,500 tokens ($1.5301 million). Notably, LAVA's unlock rate exceeds half of its circulating supply, which could pose a risk factor for price volatility.

In the latter half of January 11, MOCA (27,580,250 tokens, $5.8829 million), IO (1,414,030 tokens, $2.4097 million), and BMT (2,110,630 tokens, $523,300) will follow.

**US Economic Data and Inflation Expectations**

On the macroeconomic front, on January 9, the US December unemployment rate, the New York Fed's 1-year inflation expectation, and seasonally adjusted non-farm payrolls will be announced. These statistics are key indicators that suggest the Federal Reserve's interest rate policy direction and will influence risk assets broadly.

On January 5 and 6, speeches by FOMC voting members are scheduled, and the market will continue to seek signals regarding the near-term stance of monetary policy.

**Eurozone Inflation Data**

On January 7, the Eurozone December CPI (initial figures for year-over-year and month-over-month) and on the 8th, November PPI month-over-month and unemployment rate will also be closely watched as economic indicators for Europe.

Next week is expected to be a critical period where token supply releases and economic data disclosures overlap. Investors should carefully monitor the timing of each event and market reactions.

Note: This information is not investment advice.