IP currently circulates around $3, with a total supply of 1 billion tokens. Based on the current market performance, retail investors generally lack enthusiasm for bottom-fishing, and I tend to believe there will be another upward trend. However, after this rise, a correction is highly likely, and the true bottom may only be reached at a few cents or even fractions of a cent to attract large capital inflows.

On the spot market side, most people are reluctant to build positions before the price drops further. Therefore, logically, IP still has room to rise, but it is recommended to keep a good mindset and avoid chasing high prices. You can wait for it to break through and look for opportunities to short in futures, which can help better control the risks.