ONDO Forms Bullish Triangle as Altcoin Community Awaits Pump
Ondo (ONDO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that altcoin ONDO is setting a bullish formation for a potential price pump. The outlet highlights that a triangle breakout appears imminent for the asset. This technical setup has generated enthusiasm among the altcoin community.
Traders are hopeful that higher targets will be hit soon. The community has remained patient during this period of consolidation. They are anticipating the long-awaited peak phase of an altseason.
This event was previously skipped over during the last bull cycle. When Bitcoin set new all-time highs, altcoins barely moved. Only a handful of assets set new all-time high records.
Ethereum’s new all-time high was just $4,900, slightly above its previous $4,800 range. Other altcoins followed Ethereum’s lead but dipped to much lower targets.
How the market reacted
Whalio's own Binance spot order flow for ONDO, measured when this story was written up on 1 September 2026. Not the outlet's figures.
Whalio spot data shows ONDO trading at $0.3461 with a 24-hour buy ratio of 53.5%. This indicates that buying pressure has been dominant over the last day. However, the 1-hour buy ratio is 41.6% and the 4-hour ratio is 46.9%, suggesting shorter-term momentum is weaker than the daily trend. The 24-hour volume delta is positive at $447,680, meaning more money flowed into buys than sells. In contrast, the 1-hour volume delta is negative at -$46,560, showing immediate selling pressure. The cumulative volume delta closed at $186,679, confirming net buying over the full day. Spot volume reached $6,368,517 with 43,589 trades recorded.
The latest daily buy ratio of 48.1% sits at the 32nd percentile of the last 322 days, against a median of 49.5% - ordinary for this coin.
Twenty-four hours later
What ONDO did over the 22 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for ONDO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.4%. The latest day saw a buy ratio 6.1 points higher than this weekly average. This suggests today is an unusually strong buying day compared to the recent norm. Weekly volume was 0.50x the average, indicating lower activity than usual. The price dropped 9.4% over the eight-day period. The total volume delta for the week was -$4,387,250, showing net selling pressure over the longer timeframe. Only one of the seven days saw net buying, highlighting the recent bearish trend.