The current price of Internet Computer (ICP) is $3.78, reflecting a 1.73% increase over the last 24 hours. The daily trading range has been relatively tight, with a high of $3.94 and a low of $3.63, indicating subdued volatility.

Volume stands at approximately 144.85 million, with a volume-to-market cap ratio of 7.07%, suggesting that there is sufficient trading activity but not overwhelming interest. The 7-day and 14-day price changes are notably negative, with declines of 10.95% and 24.13%, respectively, indicating bearish sentiment in the medium term.

Technical indicators show mixed signals; the hourly moving averages reflect slight upward momentum in the short term, but the 1-hour RSI at 34 suggests a potential oversold condition. Conversely, the 7-day RSI at 46 indicates that the asset is approaching a critical support level, warranting caution for short-term traders.

The ICP price remains significantly below its all-time high of $700.65, suggesting substantial room for recovery but also highlighting the long-term downtrend. As the asset has struggled to regain momentum over the past month, further declines are a possibility if current resistance levels are not overcome.

Given the current price action, negative price trends over multiple timeframes, and low RSI readings, the sentiment leans toward caution. Therefore, I recommend a Hold rating for ICP at this time; traders should monitor for signs of reversal or stabilization before considering a Buy.