Internet Computer (ICP) is currently priced at $3.52, reflecting a 24-hour change of 2.48%. The daily trading range has been narrow, with a high of $3.56 and a low of $3.35, indicating a stable market environment over the past day.

Volume is robust at approximately $93.8 million, equating to 4.92% of its market cap, which suggests healthy trading activity. The hourly moving averages show slight upward trends, with the 8 SMA at $3.46 (+1.71%) and the 13 SMA at $3.47 (+1.46%), while the 144 SMA reflects a downward trend at $3.61 (-2.54%).

The 1-hour RSI is at 67, indicating a near-overbought condition, while the 7-day RSI is at 48, suggesting neutral momentum over a longer timeframe. However, the 7-day and 14-day price changes are negative, at -1.73% and -12.15% respectively, highlighting bearish sentiment recently.

Over the past 30 days, ICP has experienced a significant decline of nearly 58.64%, which raises concerns about potential further downside. The all-time high of $700.65, reached in May 2021, illustrates the stark contrast to the current valuation and underscores the asset's volatility.

Given the current technical indicators, ICP appears to be consolidating after a prolonged downtrend, but with overbought signals in the short term. Therefore, the recommendation is to Hold, as short-term gains may not be sustainable against the backdrop of longer-term bearish trends.