# SNX,

$SNX $SNX Final Phase Before Downside
The data indicates that distribution is nearing completion, and internal selling activity appears to be increasing. This typically signals that early participants or large holders are preparing exit strategies.
A key concern is concentration risk — when a single entity or a small group controls a significant portion of the supply (e.g. ~40%), it introduces structural instability. In such conditions, upward movements can be used as liquidity events, allowing large holders to offload positions into market demand.
This type of behavior undermines confidence

📊 RSI Heatmap Update — 13/10/2025
Market sentiment remains mixed across USDⓈ-M pairs.
* 4H: Avg RSI 43.10 → mild bearish. #SNX, #SKYAI show Strong Buy, while $FUN, $HIPPO, $PORT3 stay in Strong Sell.
* 1H: Avg RSI 59.84 → short-term momentum improving. $BTC and #ETH turn Strong, signaling bullish recovery.