Obviously there are seasonal fluctuations (lots of ice in winter, less in summer) but year-by-year, the extend of the ice caps at each extreme are less. (Double click to see full-sized chart). The black line represents this year's extent. Observe how it is the lowest/second lowest since measurement began. Will we hit a new low this (northern hemisphere) summer?
[Chart from this source]
Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.
BTW, clicking on most charts will produce the original-sized, i.e., bigger version.