Internet Computer (ICP) is currently trading at $2.37, reflecting a 24-hour change of -1.08%. The daily range has been relatively tight, between a high of $2.42 and a low of $2.35, indicating low volatility and limited price movement within the trading session.

The trading volume stands at approximately 39.81 million, with a volume-to-market cap ratio of 3.06%, suggesting moderate market activity. The hourly moving averages show a downward trend, with the 8 SMA at $2.37 and the 55 SMA at $2.39, indicating short-term bearish pressure.

The 1-hour Relative Strength Index (RSI) is at 41, indicating that ICP is nearing oversold territory, while the 7-day RSI at 48 suggests a neutral stance in the medium term. The 14-day price change shows a significant decline of -12.25%, further highlighting the bearish trend over the past two weeks, while the 30-day change reflects a sharp drop of nearly 40%.

Given the current price levels, ICP is significantly below its all-time high of $700.65, achieved in May 2021, which indicates a strong downtrend in the long term. The consistent decline in moving averages and the RSI metrics point toward persistent selling pressure, as well as a lack of upward momentum.

In conclusion, based on the current market data and technical indicators, the recommendation for ICP is to Hold. The market shows signs of stabilization at this level, but the overall bearish trend and recent price performance suggest that a clear buying opportunity has not yet emerged.