That year, on 11/03, ICP was like a dragon emerging from the sea. With one strike, it surged from 4.2 to 9.8, shaking the market—Longs and Shorts fell by the wayside. That was when big money entered, OI soared, Volume exploded—the perfect setup with timing, environment, and consensus all aligned. A true Mark-up battle.
But… After the 9.8 peak, momentum faded, big money sheathed their swords, and the market entered a Distribution phase. On 11/10, a sharp reversal: -36%, not due to whales dumping, but because the top players quietly exited on their own.
Then on 11/24, ICP dropped to 3.8. Volume dried up, OI fell, funding turned slightly negative… No more aggressive moves, just the remnants of a great battle.
⚖️ Compared to 03/11 – what about today? • Back then: Money flowed in – flames burned – the market roared • Today: Money pulled out – flames out – the market is silent
For ICP to relive 11/03, it needs: • Hundreds of millions in volume – • OI skyrocketing – • Continuous short squeezes – • Narrative resurgence.
But right now… none of that is present.
🩸 To sum it up in one sentence:
“11/03 was when the dragon vein awakened. Right now, ICP is in the middle of the desert, waiting to see… if anyone has the strength to ignite a new spark.”
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🗡️ ICP – THE BATTLE AFTER THE 11/03 PEAK
That year, on 11/03, ICP was like a dragon emerging from the sea.
With one strike, it surged from 4.2 to 9.8, shaking the market—Longs and Shorts fell by the wayside.
That was when big money entered, OI soared, Volume exploded—the perfect setup with timing, environment, and consensus all aligned.
A true Mark-up battle.
But…
After the 9.8 peak, momentum faded, big money sheathed their swords, and the market entered a Distribution phase.
On 11/10, a sharp reversal: -36%, not due to whales dumping,
but because the top players quietly exited on their own.
Then on 11/24, ICP dropped to 3.8.
Volume dried up, OI fell, funding turned slightly negative…
No more aggressive moves, just the remnants of a great battle.
⚖️ Compared to 03/11 – what about today?
• Back then: Money flowed in – flames burned – the market roared
• Today: Money pulled out – flames out – the market is silent
For ICP to relive 11/03, it needs:
• Hundreds of millions in volume –
• OI skyrocketing –
• Continuous short squeezes –
• Narrative resurgence.
But right now…
none of that is present.
🩸 To sum it up in one sentence:
“11/03 was when the dragon vein awakened.
Right now, ICP is in the middle of the desert,
waiting to see… if anyone has the strength to ignite a new spark.”