$FET spot is up 3.42% over the past 24 hours, with the current price at 0.1872 USDT. It has traded between 0.1784 and 0.1883 USDT, with a trading volume of approximately 12.43 million USDT.

Looking at a shorter time frame, during the most recent full hour, the price rose from 0.1838 to 0.1861 USDT, a gain of 1.2514%. However, trading volume during that hour was approximately 976,000 USDT, down 28.53% from approximately 1.366 million USDT in the previous hour.

The price is rising while trading activity is easing—an easy-to-overlook detail in these figures. Trading volume indicates the level of activity, not net capital inflows, and cannot by itself be used to determine the direction of the market.