Every bounce on ICP is suppressed by sellers. An upward impulse begins – and dies down. Again and again. This is what a market looks like when bears have the initiative, and it's not a reason for a long position.

Let's break down what's happening with Internet Computer right now, why you shouldn't rush to buy – and what exactly needs to change for an entry to make sense.

What's Happening: Bears Hold the Initiative

ICP right now is a seller's market. Not in the sense of 'a little pressure,' but in the sense that every attempt at growth is met with a counter-flow of sell orders. Buyers can't gain a foothold higher – bears intercept before the price enters a stable plus.

The structure looks like this: price goes down → small bounce → seller pressure → down again. This is not a flat or a consolidation with an unclear outcome. It's a directional move where one side has a clear advantage.

Buyers haven't seized the initiative yet. Neither on the daily timeframe nor on lower ones is there confirmation that the situation has changed.

Why a Long Now is Catching a Falling Knife

Many want to 'get in early' – catch the bottom before the reversal, buy cheaper. The logic is understandable. The problem is that the bottom in such situations often has several more levels below it.

As long as sellers don't let go, a long position is against the prevailing market pressure. You're betting that something will change right now, without confirmation that this change has already happened. On paper, it seems like 'it's already fallen enough.' In reality, a falling knife doesn't know where your stop is.

Specific signs that there is no reversal:

• Every bounce doesn't hold – the price returns below the level
• Buyers don't sustain momentum: growth is suppressed before a new structure forms
• No accumulation – no signs that any large players are buying up levels with the intention of holding

Entering a long position in such a scenario isn't 'bravery,' it's a lack of discipline.

What's Reasonable: Waiting for a Structure Change

Waiting is not the same as being afraid and missing out. It's about entering when the probability is on your side, not against it.

What needs to happen for the picture to change:

• Buyers truly seize the initiative – upward momentum is not suppressed, the price holds above the resistance level
• The structure changes – instead of 'lower – bounce – even lower,' there's at least 'higher – pullback – higher'
• Price compression – the price tightens towards a level, volumes signal that sellers are running out of steam

Until this happens, there's no entry point. There's only the desire to 'get in already.'

AIHermes is monitoring ICP on the daily timeframe and waiting for compression on the 15-minute – and the signal only comes when the factors truly align. Not when the price has 'finally fallen enough' and not when people are writing in chats 'good point to average down.'

Short? Not Without Confirmation

Since bears are in charge – maybe short? Answer: cautiously.

Yes, selling pressure prevails. But shorting on an exhausted downward move is also a risk. If the price has already moved significantly without a bounce, shorting here is an attempt to jump on a departing train. Stop hunts in such situations are quick and brutal – precisely where liquidations are highest.

A short makes sense from a level, after a confirmed rejection from above downwards – not 'because it's a bearish trend,' but because here is a specific candle, here is the level, here is the stop.

Without this – neither long nor short. Cash is also a position.

About Discipline, Not Fear

'Don't enter now' is not the opposite of FOMO. It's not 'I'm afraid of losing' or 'what if it falls further.' It's about having an answer to the question for every trade: why now, and what needs to happen for me to realize I was wrong.

As long as ICP is in a mode of prevailing sales, the first question has no honest answer. 'Because it's cheap' is not an answer. 'Because I believe in Internet Computer long-term' is a separate story about holding, not about an entry point.

Conclusion

ICP right now is a seller's market. Every bounce is suppressed, the structure isn't changing, buyers haven't seized the initiative. Going long against this pressure is catching a falling knife without insurance. Shorting without a level and confirmation is a gift of stop hunts.

There's only one reasonable scenario: we observe, wait for a structure change, and enter based on facts – not feelings.

To track when the situation with ICP truly changes, and get an entry point from AIHermes:

This is not individual investment advice.