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The recent trend of ICP is running exactly as expected.
In just 7 days, there has been a rise of over 170%, and this explosive power is indeed impressive. What's more crucial is that the trading volume is still present, and there hasn't been any sign of fatigue from a surge in volume.
From the on-chain data, the buying momentum seems to be consistent. This kind of market where prices double in a short period is usually accompanied by high volatility—offering opportunities but also hiding the risk of corrections. The current trading volume at least indicates that market sentiment is still present, but whether it can continue to break through depends on whether it can hold key support levels in the coming days.
Short-term traders should pay attention to risk control, as fluctuations may come at any time after such a surge.