Professor Of Chart By S

Internet Computer ($ICP ) is one of the few large-cap crypto assets that already experienced a full hype cycle, a brutal reset, and years of quiet rebuilding.

After peaking near $750, $ICP went through one of the deepest drawdowns in crypto history. Speculators left. Noise faded. What remained was structure — and long-term positioning.

Now, as we move toward the 2026 market cycle, ICP is no longer trading on hype. It’s trading on time, compression, and asymmetry.

Why 2026 Matters for ICP

Cycles matter in crypto, and ICP has already paid the price early.

• Massive supply shock already absorbed

• Long accumulation range formed over multiple years

• Volatility compression at historically low levels

• Stronger hands replacing weak speculation

Assets that survive a full drawdown and spend years building a base tend to move differently when liquidity returns.
That’s how real re-pricing cycles begin.

The Structure Story

From a market structure perspective, $ICP is no longer in free fall — it’s in expansion preparation.

Higher lows are starting to form on higher timeframes. Selling pressure has clearly weakened compared to prior cycles. Each dip is being absorbed faster, which is a classic sign of distribution ending and accumulation taking control.

This doesn’t mean price explodes tomorrow. It means risk is shifting.

About the $750 ATH
Will #icp go straight back to $750? No market works like that.

But ATHs are not random numbers — they represent prior valuation zones where the market once agreed on price during peak liquidity. When cycles turn and narratives revive, those zones act like magnets, not guarantees.

A return toward that region would require:

• Sustained market-wide liquidity

• A full altcoin cycle

• ICP holding higher-timeframe structure

• Time — not emotion
If those conditions align, the upside asymmetry becomes obvious.

The Big Picture
#ICP. doesn’t need hype to move.

It needs patience and a cycle.

2026 may not be about instant fireworks — it may be about re-rating an asset that already survived its worst phase.

When Markets stop asking “why is it down so much?”

and start asking “why is it still standing?”

that’s when the real move begins.

The $750 question isn’t about hope.

It’s about whether the next cycle chooses to remember.

Truflation is showing US inflation near 0.68% while layoffs, credit defaults, and bankruptcies are all rising, yet the Fed still says the economy is strong.

If you look at the economy right now and compare it with what the Fed is saying publicly, there is a very clear disconnect building.

The Fed keeps repeating that the job market is still strong. But real data coming out from layoffs, hiring slowdowns, and wage trends is telling a different story.

We are already seeing cracks forming beneath the surface. The labor market is not collapsing overnight, but it is clearly weakening faster than what official statements suggest.

The same disconnect shows up in inflation data.

The Fed continues to say inflation is still sticky and not fully under control. But real time inflation trackers like Truflation are now showing inflation running close to 0.68%.
$XRP
That level is not signaling overheating.

It is signaling that price pressures are cooling rapidly and the economy is moving closer toward disinflation and potentially deflation if the trend continues.

And deflation is a much bigger risk than inflation. Inflation slows spending but deflation stops spending. When consumers expect prices to fall, they delay purchases, businesses cut production, margins shrink, and layoffs accelerate.

That is when economic slowdowns turn into deeper recessions.

Another area flashing warning signs is credit stress. Credit card delinquencies are rising. Auto loan defaults are rising. Corporate credit stress is rising.

These are late cycle signals that usually appear when households and businesses are already struggling with higher rates.

Bankruptcies are also moving higher across sectors.

This shows that the cost of capital is starting to break weaker balance sheets. Small businesses and over-leveraged companies are feeling the pressure first but that pressure spreads if policy stays tight for too long.

So the bigger question becomes policy timing.

If inflation is already cooling…
If the labor market is already weakening…
If credit stress is already rising…

Then holding rates restrictive for too long can amplify the slowdown instead of stabilizing it.

Monetary policy works with a lag. Which means by the time the Fed reacts to confirmed weakness in lagging data, the damage is often already done.

That is the risk the market is starting to price in now. This is no longer just about inflation control.

It is about whether policy is now overtight relative to real-time economic conditions.

And if that is the case, then the next phase of the cycle will not be driven by inflation fears… It will be driven by growth fears and policy reversal expectations.

That is why the Is the Fed too late? question is starting to matter more for markets going into the next few months.

#WarshFedPolicyOutlook #FedRateDecisions #FedRateCut