ICP is currently hovering around $4.43. From a technical perspective, some interesting signals have indeed emerged.

Looking at the market performance, selling pressure has noticeably weakened, and the downward momentum of the bears is gradually diminishing. Those key resistance levels have been broken by the bulls, and the quality of these breakouts is quite good — they are neither false breakouts nor rebounds that quickly reverse.

According to conventional technical analysis, this wave of correction is more like a consolidation before a major upward move rather than a reversal signal. In the medium term, as long as the $4.3$ support level holds, the probability of another rally remains quite high.

Of course, trading ultimately requires risk management. Setting a stop-loss at $4.3$ is a reasonable choice, allowing participation in potential gains while minimizing losses in case of sudden black swan events.