ICP is poised for another surge, driven by two forces behind this rebound.

From a technical perspective, ICP recently successfully broke through the key support level of $3.00, with a 24-hour increase of +0.6%. Although there has been some volatility, the overall structure is increasingly resembling a bullish pattern. Chips that experienced oscillation and shakeouts are re-accumulating, and the bullish signals are becoming clearer.

More interestingly, the AI concept wave has also contributed to ICP's rise. The performance of Render and other AI-related tokens has already demonstrated the market's enthusiasm for this narrative. As an ecosystem participant, ICP naturally follows the trend.

In simple terms, with technical support and hot topics providing momentum, this combination is quite favorable for the bulls.