ICP faces pressure with a 2.3% dip to $3.06, marking a 25% monthly decline. The token rejected resistance at $3.78 amid profit-taking, leaving support levels at $3.00-$2.60 as critical zones to watch. What's dragging it down? Bitcoin weakness. BTC's recent pullback is draining altcoin liquidity across the board, with Bitcoin dominance sitting at 59.2%. The market sentiment reflected in the Fear Index at 29 suggests traders are cautious. Meanwhile, upcoming ICO token unlocks add another layer of selling pressure. For ICP holders, the key question is whether those support levels hold or if further downside emerges as macro headwinds persist.
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zkProofGremlin
· 2025-12-25 04:09
ICP is dropping again. Really, stop messing around. If BTC doesn't move, all altcoins are doomed.
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StablecoinArbitrageur
· 2025-12-25 04:09
actually, if you calculate the correlation coefficient between BTC dominance at 59.2% and altcoin liquidity drain, the statistical arbitrage setup here is *chef's kiss*... but the token unlock pressure? classic bear trap disguised as support. those $3.00-$2.60 levels won't hold under sustained macro headwinds, ngl
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P2ENotWorking
· 2025-12-24 16:46
BTC's sudden drop led to a complete defeat; ICP this time really has no way out... A 25% monthly decline is quite harsh, and it feels like the critical level at $3.00 might not hold, and it could continue to test new lows.
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NoStopLossNut
· 2025-12-23 08:52
The fall of ICP this time is really outrageous, with a monthly drop of 25%, my cost is about to break again... BTC is in such a state now, dragging the whole altcoin market down hard. By the way, can this support level of $3 hold? I'm a bit scared.
ICP faces pressure with a 2.3% dip to $3.06, marking a 25% monthly decline. The token rejected resistance at $3.78 amid profit-taking, leaving support levels at $3.00-$2.60 as critical zones to watch. What's dragging it down? Bitcoin weakness. BTC's recent pullback is draining altcoin liquidity across the board, with Bitcoin dominance sitting at 59.2%. The market sentiment reflected in the Fear Index at 29 suggests traders are cautious. Meanwhile, upcoming ICO token unlocks add another layer of selling pressure. For ICP holders, the key question is whether those support levels hold or if further downside emerges as macro headwinds persist.