FET Coin Pullback/Correction: What to Expect & Four Major Cryptocurrency Bearish News You Can't Miss

FET Coin Pullback/Correction: What to Expect & Four Major Cryptocurrency Bearish News You Can't Miss

In the volatile world of cryptocurrencies,TRUMP coin price prediction 2026 Fetch.AI (FET) has recently been under the spotlight due to its potential price pullback and correction. Understanding the current situation of FET and the broader bearish news in the crypto market is crucial for traders and investors. This article will delve into what to expect from FET's price movement and highlight four significant bearish news items in the cryptocurrency space.

FET Coin Pullback and Correction Analysis

As of July 16 - 17, 2025, FET has shown notable price changes. On July 16, 2025, at 16:15:31, the FET/USDC pair on Binance was trading at 0.7519, with a 24 - hour change of 4.46%. By July 17, 2025, at 03:15:34, the FET/USDC pair on Binance had reached 0.7745, with a 24 - hour change of 4.09%. These price fluctuations indicate the instability of FET in the short - term.

Looking back at historical data, in October 2024, key data suggested that FET's price might decline. The price of FET was close to $1.35 after a more than 4.7% drop in the past 24 hours at that time, and its trading volume also decreased by 4.9%, showing low participation from traders and investors. FET had broken through key trend - line support, a strong consolidation area, and the daily 200 - day exponential moving average (EMA), closing below the consolidation area, which confirmed a successful downward breakthrough. Based on historical price trends, there was a high probability that FET's price would fall 20% in the following days, reaching $1.03. Although its relative strength index (RSI) was in the oversold area, indicating a potential price recovery, the overall bearish market sentiment made this recovery less likely.

FAQ: What does it mean when a cryptocurrency breaks through a key support level? When a cryptocurrency breaks through a key support level, it often signals a shift in market sentiment from bullish to bearish. Traders and investors may see this as a sign to sell, which can further drive down the price as supply exceeds demand.

Four Major Cryptocurrency Bearish News

1. General Market Struggles of Major Cryptocurrencies

Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have been struggling. In the past 24 - hour period, they experienced significant price drops. When these leading cryptocurrencies face difficulties, it often has a cascading effect on the entire cryptocurrency market, including FET. As the market sentiment is largely influenced by the performance of major coins, a bearish trend in Bitcoin and Ethereum can lead to a decrease in overall market confidence.

2. High Proportion of Short Positions among Top Traders

For FET specifically, the market sentiment has been bearish. The FET's long/short ratio was 0.90 in October 2024, indicating a strong bearish sentiment among traders. About 53.2% of top traders held short positions, while only 46.8% held long positions. This imbalance in trader positions can create a self - fulfilling prophecy, as more selling pressure is likely to push the price down further.

FAQ: How does the long/short ratio affect the price of a cryptocurrency? A low long/short ratio, like FET's 0.90, shows that more traders are betting on the price to go down. As these short - position holders start selling or hedging their bets, the increased supply in the market can drive the price down, creating a bearish cycle.

3. Failure to Hold Key Support Levels

FET's failure to hold key support levels is a significant bearish factor. When a cryptocurrency fails to maintain these important price levels, it can trigger stop - loss orders from traders who had set their exit points at these levels. This large - scale selling can cause a sharp decline in the price. Moreover, it can also attract short - sellers who see the breakdown as an opportunity to profit from the downward movement.

4. Decreasing Trading Volume

The decreasing trading volume of FET is another bearish sign. A lower trading volume indicates less interest and participation from the market. It can be a sign that traders and investors are losing confidence in the cryptocurrency. Without sufficient buying pressure from new investors or increased trading activity, the price is more likely to fall.

What to Expect from FET in the Future

Given the current situation, the short - term outlook for FET remains bearish. If the overall market sentiment does not improve and FET continues to face selling pressure, it may continue to decline towards the previously predicted $1.03 level. However, the oversold RSI condition still leaves a glimmer of hope for a potential price recovery. If there is a positive catalyst in the market, such as a new partnership or a significant technological breakthrough for Fetch.AI, it could reverse the bearish trend and attract new buyers.

Investors and traders should closely monitor the price movements of FET, as well as the performance of major cryptocurrencies and broader market news. They should also conduct their own research (DYOR) and consider their risk tolerance before making any investment decisions.

To summarize, the FET coin is facing a challenging period with potential pullback and correction. The combination of its own technical factors and the broader bearish news in the cryptocurrency market makes it a volatile asset. Staying informed and being cautious are key for anyone involved in the FET or cryptocurrency market.

Date	FET/USDC Price	24 - Hour Change
2025 - 07 - 16 16:15:31	0.7519	4.46%
2025 - 07 - 17 03:15:34	0.7745	4.09%

Please note that the cryptocurrency market is highly volatile and unpredictable. All information provided in this article is for informational purposes only and should not be considered as investment advice.