Remote preload? Height adjustment? Should say in the Owner's Manual.
And since this is your first post and you somehow didn't have to make a welcome post, please fill out your location info.
It can be found in the User CP.
Just updated the location info and made a Welcome post. This spring icon indicates that the button above can be held down to adjust the suspension settings, without having to dig through the entire menu to get to that setting adjustment.
Specifically it allows you to “quickly” select the preload: rider, rider+passenger, rider+luggage and rider+passenger+luggage. You should feel (& see/hear) the suspension raise/lower.
I strongly suggest that you carefully read the manual as there is a lot of stuff that can be adjusted to suit and it would be a shame to not understand how to make use of it all (that’s what you’ve paid a lot of money for) :-)
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2012 Aprilia RS125 - simple fun
2015 Ducati Panigale 1299S - serious fun
2018 Ducati Multistrada 1260S - fun fun