2025-12-23 09:24:56

FET is facing adjustment pressure, currently trading at $0.206, with a daily chart fall of 0.54% and a weekly decline of 12.8%. The logic behind this adjustment is very clear—after the excitement of ASI:Cloud's launch fades, major funds are cashing out their previous gains. A typical sell-off pattern after release.

The technical outlook is not very promising. The price has already fallen below key moving average support, and the RSI indicator has dropped to 34, which is clearly in the oversold range. The next support is around $0.192; if this level cannot be held, we need to look further down. Also, pay attention to the trend of Bitcoin's dominance—the strength or weakness of Bitcoin will directly affect the overall market sentiment, especially for mid-cap coins like FET in the short term.

FET-0.04%

BTC-0.37%

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MidnightSnapHunter

· 12-23 09:50

The routine of selling immediately after release always catches people off guard... --- If 0.192 can't hold, it will be troublesome, where's the next pit? --- RSI34 can still go lower, but at this time it probably relates to Bitcoin's mood. --- Once the hype fades, it starts dumping; has the story of FET ended? --- Actually, we're just waiting for BTC to move, and the altcoins are swaying along. --- Again, it's sell right after release; how come there are still people taking the bait... --- After breaking the level, it might break further, are you mentally prepared? --- When ASI was launched, it should have been dumped, and now reacting is a bit late.

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GasFeeTherapist

· 12-23 09:36

Selling immediately after release is really amazing, always playing like this --- RSI34 is already oversold but can still fall, indicating that someone is still dumping --- If it doesn't break 0.192, I'll continue to hold, taking a gamble --- If BTC softens further, FET will be even worse, no one should run away --- It's another round of fund realization, when will there be real demand? --- This adjustment logic is painfully clear, a typical rhythm of playing people for suckers --- The oversold range is actually dangerous, it feels like the bottom hasn't appeared yet --- The heat of ASI fades really quickly, how long has it been since dumping started? --- Following BTC's rhythm is correct, but this wave of FET is a bit fierce --- If it can't hold 0.192, then I really have to cut loss, too painful

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SorryRugPulled

· 12-23 09:32

The trap of selling immediately after release is really outdated, yet some people still believe it.

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