$H H coin experienced a significant increase today, with a short-term gain of 3.6%. What is the underlying logic behind this?

The key trigger point has arrived—on January 25th, Humanity Protocol's token unlock event is about to take place. This unlock is substantial: 105.36 million tokens will be released, accounting for 4.57% of the circulating supply, with a market value of approximately $18.95 million. Such on-chain key events often serve as a barometer of short-term market sentiment, potentially stimulating liquidity reallocation or prompting strategic adjustments by project teams.
From a technical perspective, the current price has reached 0.1899, with a 5-minute increase of 3.6%, and a 15-minute rise of over 4.11%. However, looking at a longer cycle, the 4-hour chart shows a decline of 2.92%, indicating a clear divergence between short-term and medium-term trends. This kind of structural volatility often suggests either rapid short-term capital reactions or market speculation regarding the unlock event.
For traders tracking on-chain data, such unlock points inherently carry heat, making it important to closely observe subsequent trading volume and price stability.