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FET is currently at a key resistance level. Based on past experience, FET usually tends to follow a fall rather than a rise. At this important moment, the market's reaction will determine FET's future trend.
If FET experiences a significant fall from its current position, it could drop to around 0.4-0.5 USD. In this case, its future top may only be between 1-1.6 USD. Such a trend could indicate that the project has lost market confidence and has given up its opportunity to compete for the leading position. Losing the leading position also means losing capital flow, and it could even become a meme coin by next year.
However, if FET can break through the current resistance, change the past inertia of following the fall, and only rise, it may trigger a surge market. In this case, its peak could reach key positions such as $8, $11, $22, $43, or even $98.
Currently, the future success or failure of FET is being determined at this critical moment. Investors in the cryptocurrency market are often very savvy, and they tend to choose the hottest projects for investment. If a product cannot maintain its popularity, it is likely to be abandoned by the market.
For investors, this may be a time that requires careful observation. The market's reaction will reveal whether FET can maintain its appeal and continue its rise trajectory, or if it will lose momentum and fall. In any case, closely monitoring market trends and project developments will be a wise move.