The post Canton [CC] jumps 14%, but Binance traders bet on a short-term pullback appeared on BitcoinEthereumNews.com.

Canton Network [CC], the institutional-layer blockchain, has seen its native token, CC, climb again as liquidity flows back into the market. Perpetual traders have played a major role in this capital inflow. However, investors on Binance, one of the largest cryptocurrency exchanges, are increasingly positioned for a potential decline. Here is what is unfolding in the market. Capital influx lifts CC price action Investor confidence in CC has remained elevated, as the asset gained 14% within 24 hours. Currently, 72% of 5,200 traders are positioned on the bullish side. This optimistic outlook follows a sharp rise in capital within the perpetual market for CC. Liquidity levels have climbed to $39.4 million, marking a 50% increase from the previous day. The increase in perpetual market capital alongside price appreciation within the same period points to strong interest from long traders. These participants appear positioned to capitalize on the trend, with expectations of further upside. Source: CoinGlass Broader market strength has also remained intact. Trading volume surged 120% to $252 million. In the perpetual market, the Long/Short Ratio has increased as well. This metric measures which side of the market controls more trading volume over a given period. At present, long traders dominate activity, with the ratio standing at 1.058. When the Long/Short Ratio remains above 1, as seen here, it typically reflects bullish market conditions and suggests room for additional upside. Technical indicators support the trend Technical indicators suggest the market remains positioned to extend the bullish trajectory established over the past day. The Accumulation/Distribution (A/D) indicator has been particularly supportive of this outlook. It shows CC remains firmly in an accumulation phase, with volume reaching 200 million. Accumulation refers to a market phase in which investors continue buying an asset with expectations of a rally over the short to long…

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Filed under: News - @ January 1, 2026 12:06 am