4.7 hours ago, the $BICO that was targeted was still pulling, the market heat was still there, but a confirmed breakout had not been given.

The initial price was 0.03517, now 0.03470, a decline of 1.34% from T0.
The 24-hour increase dropped from 86.78% to 77.86%, and the ranking also slipped from 1st to 3rd.
This is not a breakout trend, nor is it completely dead, but more like a high-level oscillation followed by renewed divergence.
Positions have not been liquidated yet.
Open interest increased from $7.4M to $7.9M, a further increase of 5.63% compared to T0, and the 24-hour change in OI expanded to +747.6%.
However, the 1-hour OI is -1.9%, indicating that in the short term, it is no longer just about adding positions for a sprint; some positions are starting to loosen.
Funding rate narrowed from -0.3636% to -0.1298%, still indicating two consecutive periods of short paying.
Negative funding rates are still present, and the short squeeze structure has not disappeared, but the pressure has eased significantly compared to the initial launch.
Trading volume increased from $118.4M to $193.3M, with taker fees rising from 1.02 to 1.06, showing that active buying is slightly stronger, but not overwhelmingly so.
The bullish and bearish structures are also cooling down.
The total account long-short ratio dropped from 0.92 to 0.86, with longs accounting for 46%.
The large trader long-short ratio decreased from 1.09 to 0.97, shifting from slightly bullish to near equilibrium.
So, the core judgment of this line remains: the heat is not gone, and confirmation is insufficient.
If later the OI drops significantly, the funding rate turns positive, or the taker rate drops below 1, then the logic of this "still pulling" phase $BICO will need to be reconsidered.
#BICO
Generated with Claude Fable 5. AI may be incorrect; information is for reference only.