2025-12-08 06:29:35

Is ICP's AI narrative losing steam? The token just slipped 1.2% down to $3.44, and the technicals aren't looking pretty.

Here's what's dragging it down: BTC dominance sitting at 58.6% is basically sucking liquidity out of altcoins. Remember all that AI hype post-Caffeine? Yeah, that's cooling off fast.

The charts tell a grim story—RSI dropped to 37, trading below every major moving average. Currently hovering right above the $3.39 support level. If that cracks? We're likely headed straight for $2.80.

Anyone still bullish on this, or are we watching the AI narrative crumble in real time?

ICP-4.23%

BTC-2.44%

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fren.eth

· 12-09 06:17

Isn't this just another round of a pump-and-dump scheme? Even after the AI narrative collapses, they still want to push it down further.

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OffchainWinner

· 12-08 20:05

The ICP narrative is gone; you should have exited when you had the chance. Buying in now is basically suicide. --- Bitcoin is sucking up all the liquidity; nothing can be saved. See you at 2.8. --- The post-caffeine hype wave was really awkward. Now it’s just a rhythm of cutting the retail investors. --- If $3.39 doesn’t hold, I’ll just liquidate everything. Nothing more to say. --- Another AI narrative is dead. That’s just how crypto narratives go—endless cycles of fleecing. --- RSI is already at 37 and there are still people not selling? That’s just pure greed. --- The major coins get the meat, altcoins get the scraps. ICP has no hope in this round.

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SerumSquirrel