Internet Computer surged strongly this week, jumping 12% in one go, with a market cap now around $1.95 billion. This rally finally broke a more than two-month decline, and in the short term, there’s a chance to push towards $3.78, with some even planning to reach the psychological level of $5.



But to be honest, there are many hurdles on the road. First, it needs to successfully break through the $3.78 barrier, and there’s still selling pressure at $4.34 waiting behind. According to the SAR indicator, buyers are still in the lead, but the cumulative distribution indicator is flashing yellow—selling pressure has not completely dissipated.

Community enthusiasm is quite high, with about 73% holding a bullish attitude. However, to truly reach $5, it’s still necessary to maintain short-term support levels and continue to gently absorb supply. Having buying momentum is good, but don’t forget that the market could adjust or consolidate at any time.
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ChainComedianvip
· 6h ago
A 12% increase is good, but that yellow warning light really requires caution; the sell-off hasn't dispersed yet. Just listen, don't be blinded by 73% optimism; $5 isn't that easy to reach. The $3.78 level is the real test; if it can't break through, it's all just empty talk. Talking about support levels and adjustments again; honestly, it's just that no one can be sure, haha. The decline over the past two months has finally eased, but can this rebound last?
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GlueGuyvip
· 6h ago
73% optimistic? That means 27% of people are still waiting for a crash. Can this wave really reach 5?
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NFTPessimistvip
· 6h ago
Oh, here we go again with the story. If 73% are optimistic, can it really reach $5? Wake up, everyone. --- Still daring to chase with the yellow light flashing, are you throwing a tantrum? --- It’s only been over two months of decline, then a 12% rebound, and everyone’s saying the breakout is here. Laughable. --- Selling pressure hasn't eased yet, and you're planning for $5? That’s pretty bold. --- Is the support level really solid? I have my doubts. --- Every time, they say there’s a chance; when the opportunity comes, they adjust again. It’s a cycle. --- If 73% are optimistic, I’ll see what the other 27% have to say. --- If SAR is dominant, then no fear of the yellow light? I don’t quite understand that logic.
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ser_we_are_ngmivip
· 6h ago
12% increase is pretty good, but that yellow light looks a bit unsettling to me --- $5? Wake up, let's see if it surpasses 3.78 first haha --- 73% optimistic, sounds good, but I still need to see the data --- I've always thought that this psychological price point is just a bait; only reaching $5 would be truly impressive --- Selling pressure is the biggest obstacle, it's always like this --- Gentle absorption? Nice words, but in reality, it's just consuming momentum --- Accumulation distribution indicator flashing yellow light, what does this tell us? --- The more than two months of decline finally taking a breather, but I have some reservations about this rebound --- Support levels need to hold steady, or else it will drop back to zero --- Buyers are in the lead sounds bullish, but indicators don't necessarily lie
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RegenRestorervip
· 6h ago
ICP has risen this time, right? But I still think that yellow light signal is a bit risky, not very reassuring. Being 73% optimistic isn't necessarily reliable. Usually, that's the most dangerous time. If it can't break 3.78, it's really pointless. We'll have to adjust again then. $5? That's a bit optimistic. Let's stay steady for now. With such strong selling pressure, why insist on pushing so high...
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BrokenYieldvip
· 6h ago
nah that accumulation/distribution red flag is doing heavy lifting here... 73% bullish always smells like retail fomo before the dump tbh
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FOMOSapienvip
· 6h ago
A 12% increase is indeed satisfying, but it feels like another trap to lure more buyers. We still need to see if it can hold steady above 3.78.
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