ICP's recent trend has provided many opportunities for bears. From a technical perspective, the price encountered obvious resistance around 3.75 and started to decline. The 4-hour K-line has already broken below the key support at 3.70, and the bearish atmosphere is gradually intensifying.

If you decide to enter a short position, first wait for the price to clearly fail above 3.75 and look for a suitable entry point during the pullback. The target levels are divided into two stages: the first target is around 3.20, which has faced significant historical resistance; if the downward momentum continues, 3.05 is another lower target. For risk control, once the 4-hour close is above 3.80, it indicates that the bearish pattern has been broken, and a decisive stop-loss should be made.

This strategy is suitable for traders with a certain risk tolerance. Market conditions change rapidly, and good risk management is always the top priority.