ICP Prints Double Bottom as Crypto.com.tr Questions New ATH
Internet Computer (ICP)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that popular altcoin ICP is printing a double bottom setup, raising the question of whether it can hit a new all-time high this cycle. The outlet notes that reputed analysts believe the bull market phase has already begun, with several assets showing bullish patterns. This optimism follows a bear market that began in October 2025, which saw the altcoin sector face devastating price drops and losses of up to 95%. The difficult period even led to promising altcoins like Kadena filing for bankruptcy.
How the market reacted
Whalio's own Binance spot order flow for ICP, measured when this story was written up on 17 September 2026. Not the outlet's figures.
Whalio spot data for ICP shows a price of $2.57 with a 24-hour buy ratio of 49.4%, indicating a near-even split between buyers and sellers. Intraday pressure is slightly weaker, with the 1-hour buy ratio at 44.4% and the 4-hour ratio at 48.6%, suggesting buying momentum is not yet building strongly. Volume delta confirms this hesitation, showing net selling of -$16,775 in the last hour and -$24,988 over four hours. The buy ratio represents the percentage of trades executed by buyers, while volume delta measures the net value of those trades; negative deltas here indicate that sellers have been more aggressive than buyers in the short term.
The latest daily buy ratio of 49.0% sits at the 46th percentile of the last 324 days, against a median of 49.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ICP, averaged over the days leading up to the story.
Over the preceding week, ICP experienced a price change of -7.6% with a total volume delta of -$1,138,229. The current 24-hour volume of $4,815,060 is 0.85x the weekly average, indicating lower activity than usual. While the latest day shows a buy ratio 0.8 points higher than the 7-day average of 48.7%, this is a marginal shift in a period where net buying occurred on only 1 of 7 days. This suggests that despite the double bottom pattern, the coin has seen more net selling pressure recently than buying pressure.