Markets· ★★· bearish·

ICP Jumps 10.96%, Then Falls 8.93% the Next Day

  • —ICP closed at $3.47 on Oct. 11, up 10.96% in 24 hours
  • —It fell 8.93% to $3.12 on Oct. 12
  • —AMBCrypto cited a triangle breakout and rising large orders
  • —The 65% long ratio and order data remain unverified
Why it matters: The episode shows technical breakouts and derivatives data alone don't guarantee sustained upside.
Source: TokenPost