Internet Computer (ICP) is currently priced at $4.09, experiencing a slight decline of 0.82% over the past 24 hours. The asset has shown a daily trading range of $3.88 to $4.30, reflecting a modest 0.42% fluctuation, with a volume of approximately 169.79 million, indicating a market cap trading volume ratio of 7.65%.

Technical indicators reveal mixed signals, with the 1-hour RSI at 51 suggesting neutrality, while the 7-day RSI at 42 indicates potential overselling conditions. Short-term moving averages (8 SMA at $4.14 and 13 SMA at $4.18) are trending downward, while the longer 144 SMA is significantly below the current price at $4.39, which may suggest bearish sentiment over the longer term.

Fundamentally, ICP has shown significant volatility, with a drastic 29.25% decline over the last week and a staggering 39.82% drop over the past two weeks. However, the 30-day change of 30.75% indicates a recovery phase, suggesting some level of investor interest may be returning.

Given the recent price action, technical indicators, and fundamental analysis, ICP is currently under pressure, with multiple short-term moving averages trending downward. While the asset has potential for recovery based on the 30-day price change, the current market conditions suggest caution.

Overall, a cautious "Hold" rating is recommended. The potential for short-term downside exists, and investors should monitor for stabilization or upward movement in the RSI and moving averages before considering a buy.