Internet Computer (ICP) is currently trading at $3.43, reflecting a slight decline of 1.15% over the past 24 hours. The daily price range has been relatively narrow, with a high of $3.56 and a low of $3.38, indicating a lack of volatility in the immediate market.

Volume stands at approximately 90.7 million, representing a market cap volume ratio of 4.88%, suggesting moderate trading activity. The hourly moving averages show a bearish trend, with the 8 SMA at $3.49 down 1.72% and the 144 SMA at $3.60 down 4.59%, indicating downward pressure on the price.

The Relative Strength Index (RSI) readings are concerning, with the 1-hour RSI at 38 and the 7-day RSI at 44, suggesting that the asset is approaching oversold conditions but has not yet indicated a reversal. The price changes over 7 days (-6.09%), 14 days (-17.37%), and 30 days (-60.83%) reveal a consistent downtrend, reflecting negative market sentiment and selling pressure.

In terms of historical performance, the all-time high of $700.65 is a stark reminder of the asset's volatility and potential for recovery, yet current price levels indicate a significant distance from this peak. Without any bullish signals or reversals evident in the technical indicators, the outlook remains bearish.

Given the negative price momentum, declining moving averages, and RSI levels indicating oversold conditions without recovery signals, I recommend a Sell rating on ICP. The current market conditions do not favor a rebound in the near term, and holding or buying at these levels poses high risk.