$ICP has strengthened slightly against $BTC over the past day, but top positions have become heavily skewed long, while aggressive selling over the past 5 minutes has pushed back.
Binance data as of 05:20 (Beijing time): $ICP spot price was around 2.47 USDT, up 1.73% over 24 hours; $BTC was around 75,910.0 over the same period, down 0.02%. The 24-hour performance difference relative to BTC was about +1.75%. The intraday high was 2.504 and the low was 2.366.
Futures: funding rate around +0.0100%. Perpetual open interest rose about 1.08% over the past 24 hours and about 0.04% in the past hour. The global long/short account ratio was around 1.27, with long accounts at about 55.9% and short accounts at about 44.1%. The top-account long/short ratio was around 1.80 (about 64.2% long accounts). The top-position long/short ratio was around 4.56 (about 82.0% long and 18.0% short). The aggressive buy/sell ratio was around 1.65 over the past hour and 0.64 over the past 5 minutes.
Relative strength remains, but top positions are already crowded; selling pressure has emerged first over the short term. For spot, watch relative strength; for futures, focus more on crowding and which way aggressive buying and selling shifts first.
Data from Binance spot ticker and public futures APIs. Not investment advice.
$ICP $BTC
Binance data as of 05:20 (Beijing time): $ICP spot price was around 2.47 USDT, up 1.73% over 24 hours; $BTC was around 75,910.0 over the same period, down 0.02%. The 24-hour performance difference relative to BTC was about +1.75%. The intraday high was 2.504 and the low was 2.366.
Futures: funding rate around +0.0100%. Perpetual open interest rose about 1.08% over the past 24 hours and about 0.04% in the past hour. The global long/short account ratio was around 1.27, with long accounts at about 55.9% and short accounts at about 44.1%. The top-account long/short ratio was around 1.80 (about 64.2% long accounts). The top-position long/short ratio was around 4.56 (about 82.0% long and 18.0% short). The aggressive buy/sell ratio was around 1.65 over the past hour and 0.64 over the past 5 minutes.
Relative strength remains, but top positions are already crowded; selling pressure has emerged first over the short term. For spot, watch relative strength; for futures, focus more on crowding and which way aggressive buying and selling shifts first.
Data from Binance spot ticker and public futures APIs. Not investment advice.
$ICP $BTC