Internet Computer (ICP) is currently trading at $2.81, having experienced a decline of approximately 3.95% in the last 24 hours. The daily trading range has been relatively narrow, with a high of $3.04 and a low of $2.78, indicating a low volatility environment.

The trading volume stands at over 75.8 million, with a volume-to-market cap ratio of 4.96%, suggesting moderate trading activity relative to its overall market capitalization. The moving averages indicate a bearish trend, with the 8 SMA at $2.96 showing a decline of 5.00%, and the longer-term averages (55 SMA and 144 SMA) reflecting more significant losses of 6.00% and 9.53%, respectively.

Momentum indicators such as the 1-hour and 7-day RSI are both at 41, which indicates potential oversold conditions but not yet a strong buy signal. The price has faced substantial downward pressure over the past month, with a 30-day price change of -45.18%, reflecting significant bearish sentiment.

From a fundamental standpoint, ICP's all-time high of $700.65 reached in May 2021 contrasts sharply with its current valuation, indicating a massive decline in investor confidence. The continued decrease in price over the last two weeks (-23.81%) and the last week (-16.98%) highlights persistent selling pressure and a lack of bullish catalysts.

In conclusion, given the current price action, bearish technical indicators, and ongoing downtrends, the market sentiment for ICP remains negative. Therefore, the rating is a Sell, as further declines may occur until clear reversal signals emerge or fundamental improvements are realized.