FET's current market trend is indeed quite interesting. Over the past day, the increase has ranged from 8% to 18%, firmly outperforming the broader market. The narrative of AI and crypto still manages to attract capital. In terms of trading volume, the daily turnover has already surged to between 100 million and 280 million USD, indicating that the market enthusiasm is genuine and not just a false hype.

Having trading volume is essential to support the market trend, and this principle applies everywhere in the crypto space. As long as funds are willing to enter the market, prices will have support. However, it’s important to note that the total liquidation amount across the entire network in 24 hours is roughly around 150 million USD, which makes the days for short sellers quite tough. The FET contract market remains relatively stable, with liquidation scales in the range of tens to hundreds of thousands of USD, and no extreme situations have occurred.

The issue is that the market sentiment still feels somewhat superficial. The price-volume combination looks impressive, but no one can predict how long this momentum can last. Once the trend shifts, the decline often happens faster than the rise. Therefore, the key is to maintain risk control — avoid greed, do thorough research at key support and resistance levels, and always be prepared for changes. This is the way to survive longer in the crypto market.