The current price of Internet Computer (ICP) is $2.36, reflecting a modest 24-hour change of 0.25487%. Over the past day, ICP has experienced a daily range of $0.16, with a high of $2.47 and a low of $2.31, indicating a relatively stable trading environment.

The trading volume stands at 61,123,568, which translates to a volume-to-market cap ratio of 4.75%. This figure suggests that trading activity is significant relative to the overall market cap, which may indicate heightened investor interest or potential volatility.

Technical indicators reveal that the hourly moving averages are predominantly bearish, with the 8 SMA at $2.41 showing a decline of 1.98%. The 1-hour RSI is at 49, suggesting that the asset is neither overbought nor oversold, while the 7-day RSI at 47 reinforces this neutral sentiment.

From a longer-term perspective, the 7-day price change is positive at approximately 5.07%, but the 14-day and 30-day changes are negative at -23.03% and -33.21%, respectively. This indicates that while there has been a short-term recovery, the asset is still in a bearish trend over the medium to long term.

Given the substantial difference between the current price and its all-time high of $700.65, the market sentiment appears weak, as the price remains significantly depressed. The recent price action and technical indicators suggest that ICP lacks strong momentum to initiate a bullish reversal in the immediate term.

In conclusion, the analysis indicates a "Hold" rating for ICP. The short-term price stabilization does not outweigh the longer-term bearish trends, making it advisable for investors to hold their positions while monitoring for signs of a trend reversal.