FET, Bitcoin, and Bitcoin Dominance Analysis
Currently, most altcoins, including FET, are following Bitcoin’s movement. On the daily timeframe, Bitcoin is signaling a possible correction and forming a bearish flag pattern. Additionally, Bitcoin dominance remains in an uptrend on the daily timeframe, and I believe we are approaching the final phase of this dominance.
Some altcoins are already showing strength, and even if Bitcoin drops, they might not experience significant declines. However, FET is currently struggling to reclaim its previous zone after breaking the bearish flag pattern.
The key accumulation zones for FET are 0.476 / 0.445. The coin is fundamentally strong in every aspect, so keep an eye on it.
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