The FET project was once considered a potential stock in the AI field, but its current market performance is disappointing. From a Technical Analysis perspective, FET seems to be preparing for a new round of fall. This market performance suggests that it may have missed the best development opportunity.

Although FET claims to be a leader in AI infrastructure, its market performance is seriously inconsistent with this positioning. True industry leaders are usually able to maintain relatively stable performance in various market environments, while FET's current trend is concerning.

In the field of AI, which is regarded as an important infrastructure for the future, leading projects typically have a market value of billions or even tens of billions of dollars. From this perspective, FET is still far from being a true industry leader.

The current market reaction seems to indicate that investor confidence in FET is weakening. If this trend continues, FET may face the risk of being marginalized by the market. For those considering investing, it may not even be worthwhile to consider bottom-fishing in this situation.

Overall, the current situation of FET highlights the brutality of the cryptocurrency market. Even projects that were once favored may quickly lose the market's favor if they cannot demonstrate their strength at critical moments. This serves as a reminder for investors to be particularly cautious when selecting investment targets and not to be misled by superficial promotions.