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What to watch

• • Watch whether bids return after the first dip in ICP; buyers stepping back in would be more convincing than price simply hovering.
• • ICP should be compared against the rest of the leaderboard, not viewed in isolation; the move is stronger if it stays competitive against today’s fastest names.
• • ICP should hold near the upper part of today’s range; a quick slip after the ranking move would suggest the leaderboard strength is fading.
• • Watch the volume profile on ICP: liquidity needs to stay visible, otherwise this starts to look like a thin move rather than a durable signal.