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The technical team at the Dfinity Foundation recently shared a thought-provoking idea: with the help of an AI-driven no-code development platform, it may open up new directions for infrastructure security, thereby avoiding the risks of large-scale failures like those seen with AWS.
Looking at the market performance of ICP itself, this project has indeed experienced ups and downs recently. After hitting a low last Friday, it rebounded by 22.6%, seeming poised for a resurgence, but unexpectedly dropped again by 8.46%, effectively erasing all gains made in November. Starting from a low point of $2.79, it rose all the way to $9.85, but ultimately failed to maintain its footing.
From a technical perspective, the situation is indeed somewhat stalemated. Higher time frames reveal obvious bearish signs, and to reverse the downward trend, a successful breakthrough of the key support line at $3.78 is necessary. If this level is lost, mid-term operators will focus on the vicinity of $2.9 — whether this area can become a new bottom still needs subsequent price action to confirm. Market participants are currently holding their breath, waiting for the next directional guidance.