2026-01-21 05:21:11

#特朗普向欧洲实施新一轮关税措施 $ICNT this wave of market movement is quite interesting. The decline is nearly 19%, and the trading volume suddenly jumped to 11.70M, but the open interest remains high—what does this combination usually indicate? Are the bulls being squeezed out, or are the main players quietly offloading?

From the chart, the price has already broken through the previous consolidation range downward, indicating a typical breakdown trend. The buying volume below is clearly insufficient, and the sellers continue to actively dump.

**Trading Strategy**:
Short positions are fine. The range of 0.340 to 0.348 can be used as an entry point, with a stop-loss set at 0.365 (this line must be held).

The first downside target is 0.310, and if it continues downward, the next area is around 0.285—that should have some support. Consider shorting again when a rebound hits near the entry price.

The market logic is this: mismatch between volume and price, high open interest, and continuous decline—these signals stacking together suggest a higher probability of seeking a bottom in the short term.

ICNT7.14%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

MEVSandwichMaker

· 01-21 05:50

I've seen this kind of divergence between price and volume many times. The main force squeezing the bulls is a sure thing. Can the bears catch a 0.285 in this wave? It's a bit uncertain...

View OriginalReply0

SigmaValidator

· 01-21 05:48

With such a mismatch between price and volume, what are the main players thinking? Are they going to get cut again? Haha

View OriginalReply0

FrogInTheWell

· 01-21 05:46

The divergence between volume and price is so obvious, the main force is indeed clearing out, I am also preparing to enter around 0.34 --- Once again, this set of volume and price analysis looks impressive, but whether 0.285 can hold is the real key --- Holding a high position and still falling, this is a clear signal of the main force fleeing --- Shorting ICNT? Who dares to go all-in when the tariff expectations are so strong --- With a trading volume of 11.70M and this decline, it's definitely a dumping rhythm, the bulls have already been pushed out --- 0.310 is the first target, but I feel that the line at 0.285 is the real test --- This wave of breaking down was quite fierce, I agree that the lack of support below is a factor --- As soon as Trump's tariffs came out, even small coins couldn't withstand it, ICNT dropped 19% just like that --- Rebound and short? Sounds easy, but whether the mentality can withstand it during actual operation is another matter --- Holding a high position while volume increases, this combination indeed has some issues, the main force is trying to shake off the tail

View OriginalReply0

TrustlessMaximalist

· 01-21 05:35

The pattern of price and volume mismatch is too familiar to me. The main players love to mess around like this. Just wait to be cut off.

View OriginalReply0

RumbleValidator