What is FHE? FHE stands for Fully Homomorphic Encryption. This is a type of 'black technology' in encryption that allows computations to be performed directly on encrypted data, and the decrypted results are identical to those computed on plaintext. In simple terms, it means: you can perform operations on data without decrypting it!
What is the future of FHE? The prospects for FHE are very promising, especially in the context of increasing privacy importance, strengthened data compliance regulations, and the implementation of large AI models. FHE is likely to become the core infrastructure for the next generation of privacy computing. However, it should also be noted that it is still in the early stages of technology, and the application scenarios and ecosystem are not yet well-developed.
Is FHE worth buying now? Currently, FHE has a market value of about 23 million dollars, and the project is in its early stages. From the K-line perspective, in this round of short-term rise at the hourly level, FHE has increased from $0.07907 to $0.11193 in about a day, representing an increase of about 30%. The current price is rising and is testing support near 0.382 before starting to rebound; at present, the hourly price is under pressure from the 30 MA moving average.
Considering that the current price of FHE is high, if friends want to chase in the short term, they can observe whether the hourly moving average can stabilize above 0.09938. If it stabilizes, they can attempt to chase with a stop loss set at 0.09 and take profit by looking at historical highs. If the coin price continues to fall, attention should be paid to whether the support near 0.079 is effective. Once the hourly level stabilizes above the 5, 10, and 30 MA moving averages, it can be considered to chase in.