FET recent trend analysis: I have been observing this coin for over a year, and the recent market performance is indeed worth paying attention to.

The recent rapid surge was actually a false move, followed by an immediate pullback, which is a very clear signal. On-chain data shows that large orders have shown obvious signs of dumping at high levels, clearly attempting to lure buyers in.

From a funding perspective, the current fee rate remains in negative territory, which usually indicates that downward pressure is accumulating. Technically, there is still plenty of room for a further decline.

In the short term, this direction has potential. If you also have a bearish outlook on this segment, chasing a short position at the market price is an option.