[See Dip]
FF currently reports 0.1316, down 3.16% over the past 24 hours. Still down 21.90% over the past 7 days. Intraday range: 0.1210–0.1420, with a 17.4% amplitude.
[Market View]
FF is down 3.16% over the past 24 hours. After rebounding to around 0.1420, it was pushed back down; sell-side trapped orders above are dense.
There are no signs that short-term weakness has been reversed. Selling pressure is still being released continuously.
Compared with BTC’s +0.43%, FF’s relative strength is at the bottom—it's in the tier that the market has basically given up on.
Near term: bearish bias.
[Reasons for Bearish View]
From 0.1420 it slid all the way to around 0.1316, and the short-term focus is still shifting downward.
The center of gravity below 0.1420 keeps moving lower, and there’s still no sign of a decent rebound/acceptance.
With short sellers positioned, rebounds can easily turn into whipsaws—don’t overload your position.
If the rebound fails to gain volume and hold above 0.1420, treat it as weak consolidation.
$FF #FF