Layer 1 · rank #57

Internet Computer ICP

$2.72-0.6% 1d+13.2% 7d+23.5% 30d

Amber List Recovering Phoenix · monthly · score 55 mixed

Monthly: forming bar is a green 2-Up. Last confirmed swing low 2.00 (Aug 2026), month 1 of a cycle that has typically run 5.5. Cycle-low confidence 41%.
Weekly: forming bar is a red inside bar. Last confirmed swing low 2.00 (Aug 2026), week 6 of a cycle that has typically run 5. Cycle-low confidence 22%.
Daily: bar is a red inside bar. Last confirmed swing low 2.39 (2026-09-04), day 3 of a cycle that has typically run 4. Cycle-low confidence 49%.
Amber List: 72% below the 2025-11-08 high; +36% off the 365-day low.
Phoenix: 90% decline over 29 months, monthly swing low confirmed (next-bar), now +36% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 1.13 (neutral); -56% vs the 200-week average; -99% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 55

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health55 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	4.81 %	14.4 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.0 x	15.0 / 15
Size (market-cap rank) survivorship	57 #	9 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	781.1 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	101.86 x	0.0 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	11.7 %	6.2 / 10
Age on Coinbase survived a cycle	5.3 yrs	10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.