A long time ago, I began to pay attention to the trend of $IP, mainly because: IP is one of the very few strong coins that have not experienced a sustained downturn after two pullbacks following a weekly uptrend. This is extremely rare in the current altcoin market. Even in the context of a significant overall pullback in altcoins, IP still did not experience a waterfall-style decline, and after breaking below the previous low, it quickly stopped falling and rebounded, indicating that this is a strong coin.

Moreover, the recent financing situation shows that Poseidon has completed a $15 million round led by a16z, further indicating that it is a financially robust strong coin.

Currently, the 4-hour chart is also showing a slow upward pullback, which is a type of strong trend, combined with the expectations of the weekly trend, IP may be at the forefront of the mid-term market beginning.