The current price of Internet Computer (ICP) is $3.71, reflecting a 24-hour decline of 4.59%. The daily trading range was narrow, between a high of $3.89 and a low of $3.55, indicating subdued volatility despite significant trading volume of approximately $173 million, corresponding to 8.63% of its market cap.

Technical indicators show mixed signals; the short-term hourly moving averages are trending positively with the 8 SMA at $3.65 (+1.60%) and the 13 SMA at $3.63 (+2.28%), while longer-term averages like the 55 SMA ($3.88) and 144 SMA ($4.05) are declining, down 4.27% and 8.29%, respectively. The 1-hour RSI at 64 indicates near-term bullish momentum, but the 7-day RSI at 42 suggests potential oversold conditions, which might lead to further downside pressure.

Over the past week, ICP has experienced an 11.95% decline, and its 14-day price change shows a substantial drop of 31.87%. In contrast, the 30-day price change is positive at 8.66%, indicating that while recent performance is weak, the longer-term trend shows some resilience.

Given the significant disparity between the current price and the all-time high of $700.65, there remains considerable room for recovery, but the current technical setup leans bearish in the short term. Therefore, the recommendation is to Hold ICP, as while there are indications of potential short-term recovery, the longer-term trends and recent performance suggest caution before any new buying positions are established.