ICP Main Trend. Dragon Pattern. Channel. June 2026

A large time frame for visualization of the entire trend is 1 week. Logarithm.


🟣Local. A local cup has formed and is pressing toward resistance. Approximately +50% to the secondary downtrend (channel) resistance in the event of a breakout (most likely a momentum event) and consolidation of the 3.16 level zone. Further away from the strong resistance reaction.



🔵🟡Primary and secondary trends. The main focus is on the dynamic resistance of the downtrend (highlighted by the red line).

A breakout would be the implementation of the "Dragon" pattern, which has two targets: "hump" and "head." If this happens, the emphasis would be on the first target; the second, in my opinion, is unlikely in the next year and a half.

Not a breakout of the downtrend resistance—further movement within the downward channel, but most likely a transition to a sideways trendin the highlighted range in purple. Then a reversal, and the realization of these targets.

Cryptocurrency news background now.
1️⃣Internet Computer launches its 1 national subnet in Switzerland with 13 local nodes.

2️⃣DFINITY bolsters 2026 ICP roadmap with Swiss Cloud Engines, AI-powered applications, and Mission 70 to radically reduce token inflation.

3️⃣DFINITY announced the launch of the Swiss Subnet at World Computer Day in Davos on the second day of the event. As previously reported by CNF, the event was attended by world leaders, such as US President Donald Trump, French President Emmanuel Macron, and Ripple CEO Brad Garlinghouse.

Previous price manipulation by DFINITY fund management.

Although, during listings and market launches, there was considerable blatant manipulation by developers and price manipulation. This asset is from the same "digital supranational" group as XRP, XLM, HBAR, and UCDC. Therefore, there was a lot of hype initially, an extremely inflated price based on expectations, and the "creators" occasionally appear at Davos and similar events. Therefore, it's quite possible that the asset is interesting not only for short- and medium-term speculation, but also for investment, but with careful money management, as many tricks have been previously observed from the cryptocurrency's creators. Also, if you read their roadmap, it reads more like science fiction in many ways, given current technology. Despite this, many "non-fictional" developments are currently being implemented online; whether this is work in progress, or an imitation of it, is up to you to judge upon examination.

Price manipulations have been observed previously. For example:

1) Futures before the asset's listing on the hitbtc exchanges had a very inflated price (simply astronomical compared to the actual price, which led many to believe that buying spot at that price, or slightly lower, was normal). As soon as the cryptocurrency was listed on several exchanges, the temporary futures were immediately removed.

2) Listing on a top exchange amidst enormous hype, where the price was initially $1,200-700 per coin! Only those involved in the project were selling. Just like all previous investors, they were physically "locked in" and couldn't do so. That is, ordinary people, including the funds that invested, could only buy, as they didn't own any coins at the time, unlike those involved in DFINITY's leadership. This was noticed by the community and spread on Twitter with evidence.

3) Unlimited coin supply This is justified, as with ETH, by the idea that there will be high demand in the future, requiring an unlimited supply.

It's logical that the exchanges where the cryptocurrency was listed and the people involved in the management of the DFINITY fund are interconnected in such manipulations.

Despite all this, this cryptocurrency has a very high profile rating of -87% on the coinmarket. Something like that...