- The FET fell more than 20% last week and tested about $ 1 critical demand.
- The ALTCOIN MVRV ratio is signed with signal underestimation, while the activity address rises, and potential accumulation may occur..
Artificial Super Intelligence Alliance (FET) In the last seven days, the price has soared, and the price has been difficult recently. Deep came after re -testing the main penant resistance level on the daily chart, which increased.
As a general struggle in the Cryptocurrency market, the FET’s movement has raised some questions about potential reactions or further reductions.
What is the ripple effect of DEEPSEEK AI for FET?
The ripple effect of DeepSeek AI has greatly contributed to the recent market downturn, which affects the emotions of the password and the stock market.
As the DeepSeek AI continues to increase, there is true fear of competition between traditional AI networks and distributed AI networks. The weak trend greatly affects projects such as FET, contributing to the downward trend trajectory.
Was FET undervalued?
Santiment’s whole chain indicators provide valuable insights to the current state of the FET. Altcoin MVRV ratio is -6.744%, signal of signal potential and undervalued. Historically, less than MVRV ratio is often a priority over potential price recoil.
This indicates a decrease in sales pressure of the FET as the FET approaches the major demand area of $ 1. You can wipe the way for the ALTCOIN accumulation stage.
Source: Santiment
Moreover, FET’s daily hot chain trading volume has fallen to 976K of profit, and is the lowest in recent years. This suggests that traders are marked with weak market conditions without selling coins due to lost losses.
On the contrary, the active address is a spike, which can suggest a new interest and possible accumulation.
Source: Santiment
Rebound or breakdown in an important $ 1 important demand area?
The FET currently tests the main demand area of about $ 1, which can show the next price movement. The weaknesses led by the shock of DeepSeek AI can lead to more tokens.
Read 2025–2026 for predicting AI prices
But the distributed AI story of this project can respond to this weakness. As the number of active addresses increases, it can complement the case as possible and repeat the price reversal.
If the FET has a $ 1 level, you can start the recovery stage. If you do not defend this area, more dip may occur, especially if the larger market situation remains weak.
Source: TradingView