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These past couple of days, FTT has really caught people's attention—surging over 46% in 24 hours, quickly jumping from $0.244 to $0.3556, even touching $0.4249 at its peak. It looks impressive, but honestly, this rally has little to do with the project's fundamentals; it's purely driven by news hype.
What are they hyping? SBF officially applying for a presidential pardon from Trump. Just this one piece of news, and speculative funds flooded in, pushing trading volume over 9 million USDT. Short-term buying pressure was indeed intense. But if you think carefully, the pardon itself hasn't been finalized, and even if there are developments, it will be a long and uncertain process. How far can a rally sustained solely by this narrative go?
Looking at the chart, the price swings wildly—up 46% in an hour, then back from the high of $0.4249 to around $0.31. This kind of movement is quite typical—news hits, a quick surge, and then traders chasing the high start to hesitate. Any slight disturbance afterward causes profit-taking to come in without hesitation.
Community sentiment is also very divided right now. Some think there's still a chance to gamble, after all, the story isn't over; more people are aware that this is just speculation, and a sharp pullback could happen at any time. Everyone knows deep down that FTT lacks solid fundamentals—no substantial ecosystem progress over the long term, just living off memories and news.
So, in terms of trading strategy, the idea is pretty simple: the rebound is a selling point. Don't expect it to reverse, and don't hold it as a value coin. This kind of news-driven market moves fast in, fast out. Lower your expectations, and while there's still someone willing to buy, take the chips off the table. Even if it gets pumped again later, there's no need to be envious. Locking in profits is better than anything else. $FTT #Strategy低位加仓1550枚BTC