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$ICP Internet Computer (ICP) fell 0.5% in the past 24h, underperforming the broader crypto market (-0.2%). The decline aligns with a 30-day drop of 29.5%, driven by technical resistance, profit-taking after a recent rally, and persistent bearish sentiment in altcoins.
Technical Resistance Break Failure – Failed to hold $3.20 support after a 22% rally.
Market-Wide Risk Aversion – Crypto Fear & Greed Index at 27 (“Fear”), Bitcoin dominance rising.
Profit-Taking Pressure – Traders exited positions near $3.28 resistance after recent volatility.