Story (IP) Shatters Records as Capital Floods In During Market Downturn
Story (IP) rockets to unprecedented heights while broader market bleeds—capital inflows surge defying bearish sentiment.
The Unstoppable Ascent
Defying gravity as major cryptocurrencies tumble, Story (IP) carves its own path upward. Money pours in when others flee—smart money or just narrative chasing? The token doesn't just resist the pullback; it accelerates through resistance levels like they're not even there.
Capital Inflows: The Real Story
While traditional assets wobble, digital IP proves its resilience. Investors aren't just hedging—they're aggressively positioning. The flow isn't trickling; it's gushing into Story's ecosystem, creating a vortex that sucks liquidity from panicked competitors.
Market Dynamics Shift
This isn't random volatility—it's capital rotation in its purest form. When weak hands fold, strong convictions get rewarded. The pattern repeats: fear elsewhere becomes fuel here. Yet another reminder that in crypto, fundamentals sometimes mean whatever the crowd says they mean today.
Story's surge exposes how traditional finance still struggles to value digital-native assets—but their loss becomes our gain as capital finds its true home.
IP Momentum Builds as Derivatives and Spot Markets Align
According to Coinglass, IP’s long/short ratio is at 1.01 at press time, reflecting the bullish tilt in sentiment among the altcoin’s derivatives traders.
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This ratio compares the number of long and short positions in the market. When an asset’s long/short ratio is above one, it indicates that more traders are opening long positions than shorts, betting on a further rise in price.
Conversely, a reading below one WOULD suggest that traders expect a pullback or decline in value.
For IP, the ratio’s position above one highlights the broader Optimism surrounding the altcoin. It shows that its derivatives traders are increasingly aligning with the spot market momentum as they continue to take positions that fuel expectations that the coin’s rally may continue in the short to medium term.
Moreover, the surge in IP’s On-Balance Volume (OBV) in recent sessions confirms this bullish outlook. This momentum indicator is 30.77 million at press time, up 20% since September 16.
The OBV indicator measures buying and selling pressure by tracking volume FLOW relative to price movements. It rises when trading volume is heavier on up days and falls when volume is stronger on down days.
When this momentum indicator surges, capital inflows outpace outflows, suggesting sustained accumulation in the market. This validates IP’s current trend and shows that the gains are supported by real buying pressure rather than speculative spikes alone.
IP Bulls Eye New Highs, But Bears May Test $12 Support
The continued preference for long positions among derivatives traders and rising demand in the spot market suggest that IP could extend its recent gains.
In this scenario, the altcoin has the potential to reclaim its all-time high of $14.92 and push beyond it to establish new price peaks.
However, this outlook comes with risks. A slowdown in demand coupled with aggressive profit-taking could reverse the current uptrend, sending the coin back toward the $12.25 support floor.
If this level fails to hold, IP’s price could face a deeper correction to $10.15.