As we can see, ICP has formed a new descending channel, as the price approached the former price point of the dead cat bounce, the buy pressure fizzled out very fast. I am expecting a dramatic fall in price here.
TP1: $28 TP2: $18 TP3: $10
Also, I am expecting Dominic Williams, Dfinity CEO, to perform the “badlands” hard fork of ICP to BDL for damage control. If this happens, an immediate short of the BDL token would be my course of action.