FET bear storm is coming! There is no hope for rebound, and the market is sluggish!
FET is experiencing a tragic bear storm. The high point of $1.64 has become history, and the bear force is overwhelmingly strong. In the short term, bulls have repeatedly tried to rebound near $1.5, but have failed again and again. The price has never been able to break through the moving average suppression, and the market is sluggish. The appearance of continuous negative lines and upper shadows reveals the serious shrinkage of market trading volume and the complete disappearance of momentum. The current trend is completely dominated by bears, and FET can hardly see any hope of rebound in the short term.
In this market, how should investors respond? The market dominated by bears is not invincible, but it also reminds us to stay sober when operating. It is difficult to rebound in the short term. Patience is the key.
Pay attention to Uncle Qian, grasp the market trend, and take you to gain insight and go against the trend!
