The supply pressure in December is materially influencing
$MERL 's short-term market trend, which is a key point for investors to focus on.
The four major unlocking days in the month fall on the 12th, 15th, 16th, and 19th, with approximately 70 million tokens entering circulation simultaneously.
This concentrated unlocking creates clear phased resistance zones in the token's circulation structure, making it more difficult for the market to sustain its previous upward momentum.
It is important to note that such unlockings often have a greater impact on market sentiment than actual sell pressure