$ICP — activity picked up, but the direction remained downward.
Over 45 minutes, the price fell by 2.0%, while relative volume over 5 minutes jumped to x13.8. BTC remained neutral, up 0.14% over the hour.
This local spike amid a falling price below VWAP 3.144 is a story of the market absorbing selling pressure. The key condition to watch: holding above 3.088 or dropping below it.
Over 45 minutes, the price fell by 2.0%, while relative volume over 5 minutes jumped to x13.8. BTC remained neutral, up 0.14% over the hour.
This local spike amid a falling price below VWAP 3.144 is a story of the market absorbing selling pressure. The key condition to watch: holding above 3.088 or dropping below it.