Internet Computer (ICP) is currently trading at $3.28, reflecting a 24-hour decline of 3.01%. The price has shown a daily range of $3.25 to $3.46, indicating limited volatility, and the trading volume stands at approximately 65.6 million, representing 3.68% of the market cap.

The moving averages are indicating bearish momentum, with the 8 SMA at $3.38 down 2.85% and the 144 SMA at $3.45 down 5.05%. Additionally, the 1-hour RSI is at a low 25, suggesting oversold conditions, while the 7-day RSI at 47 indicates a neutral position but trending toward bearishness due to the recent price changes.

Over the past week, ICP has dropped by 4.73%, with a more significant decline of 18.86% over the last 14 days. The 30-day change shows an alarming drop of 46.94%, reflecting a substantial loss of value, which is further compounded by the fact that the asset is trading significantly below its all-time high of $700.65.

Given the bearish indicators across moving averages, the oversold RSI, and the declining price trends, the outlook for ICP remains negative. Consequently, the recommendation is to hold current positions until there are signs of reversal or stabilization in price trends, as current conditions do not support new buying activity.