ATOM is testing approximately $1.50 support following a roughly
↘23.51%
monthly decline as the network advances its
tokenomics overhaul initiative.
Market activity diverging from price action
Trading activity jumped roughly
↗28.30%
over the past week even as price declined, while the buyer-seller ratio stood at 0.69 over the past 24 hours, showing 1.44x more sellers than buyers in recent sessions.
Overleveraged positions unwinding
Long liquidations reached 5.9x more than short liquidations over the past 24 hours as the price approached the approximately $1.50 support zone
, suggesting traders with leveraged long positions were forced to exit.
Network fundamentals shifting
The tokenomics overhaul initiative
launched in November 2025 aims to transition ATOM to a sustainable, fee-based revenue model, representing a significant structural change for the network's economic design.
Trading bets tilting slightly negative
Funding rates showed slightly negative positioning at approximately -0.0001% over the past 24 hours, indicating a modest tilt toward short positions as traders digest the monthly price movement.