According to external sources, the ICP has remained at a low level in 2026, at a price of approximately US$ 2.39 and has been operating mainly between US$ 2.01 and US$ 2.85 over the past months. Although the encryption market has been repaired as a whole, the ICP rebound has been relatively limited, and the weekly line level has not yet emerged from a weak trend.

$2.85 is still key.

According to the article, the most immediate problem at the moment is that the buyout has not contributed to an effective price breakthrough of $2.85. Until this position is stabilized, it is difficult for the market to see the current rebound as a reversal of the trend.

In the event of a follow-up breach of $2.85 and continuation, the next focus position is near the 50-week mean line, that is $3.15. If the increase continues to increase, as measured in the text, the prices may go further to $6.29 and $9.84. These two positions correspond to a higher level of upper space, of which $9.84 is also close to the 200-week mean line.

Small address increase, large household split

From the distribution of chain addresses, the smaller silo addresses have recently increased. The number of addresses of 0.001 to 10 ICPs has risen, and the number of ICPs is growing, showing that some small and medium-sized holders are still being absorbed.

However, the actions of the large addresses were not consistent. The population holding 10,000 to 100,000 ICPs has continued to decline since the beginning of August, reflecting the existence of sales pressure in this area.

Partially large address re-encumbered

At the same time, the fact that there were 100,000 to 1 million ICP addresses that were clearly lagging back and back in August meant that some of the larger funds returned to the growth side. However, the number of people holding 1 million to 10 million ICPs has continued to decrease since mid-June.

According to the article, this fragmentation explains why prices have not reacted more strongly after the overall market sentiment has improved. Small and medium-sized warehouses are being bought, but some of the larger addresses are being reduced, undermining the momentum of the new purchase.

In this case, $2.85 remains the most important dividing line of the short line. If it cannot be broken, the ICP may remain in the current zone; if it falls again, the $2.01 line will be tested again.