Date: Mon, July 14, 2025 | 05:58 AM GMT

The cryptocurrency market has entered historic territory today, with Bitcoin (BTC) soaring to a new all-time high of $122,000. Ethereum (ETH) is riding this bullish momentum too, posting an 18% weekly gain. This surge of bullishness is lifting major altcoins across the board — and Artificial Superintelligence Alliance (FET) is among those gaining attention.

$FET has risen by 4% today, extending its weekly gain to a solid 10%. While that growth is notable, what's truly catching the eyes of technical traders is a harmonic pattern quietly forming on FET’s daily chart. This structure may suggest that a bigger move is on the horizon.

Source: Coinmarketcap

Harmonic Pattern Hints at Bullish Continuation

On the daily timeframe, FET is currently tracing out a Bearish Bat harmonic pattern — a well-respected setup in technical analysis that typically predicts strong price action during its final stages. The CD leg of the pattern, which is now underway, is historically associated with bullish momentum as price climbs toward the “D” completion point.

This specific Bat pattern begins at point X near $1.65, then declines to point A, rallies to B, and drops again to point C around the $0.55 region. From that recent low, FET has been steadily recovering and is now approaching the 200-day moving average, currently sitting at $0.7818 — a level that often serves as a key resistance and breakout trigger.

FET Daily Chart/Coinsprobe (Source: Tradingview)

If the CD leg plays out in full, the price could rally into the Potential Reversal Zone (PRZ), which spans from $1.50 to $1.65. These levels are aligned with the 0.886 and 1.0 Fibonacci extensions — typical targets for the final leg of harmonic structures.

What’s Next for FET?

If FET decisively breaks and holds above the 200-day moving average with increasing volume, it could confirm the ongoing bullish leg and pave the way for a potential 120% rally toward the $1.65 resistance zone. This would complete the Bat pattern and possibly prompt a round of profit-taking or a reversal, as is often seen at the PRZ.

On the flip side, traders should remain cautious. A drop back below the key support level of $0.64 could invalidate the harmonic pattern and postpone any immediate continuation of the uptrend.

Nonetheless, the chart is showing a textbook setup, and with the broader market backing bullish sentiment, FET could be one to watch closely in the coming days.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.