The Artificial Superintelligence Alliance (FET) token surged nearly 51% from May 23 to June 1, reaching just below the key $0.30 resistance level before sellers pushed it back. Despite the recent rally, the overall trend remains bearish with FET locked in a downtrend and a new swing low at $0.134 earlier this year. Short-term technical indicators show strong selling pressure, suggesting a potential relief bounce to around $0.25-$0.26 before further declines. Traders are advised to consider selling on the bounce, as buying now could be risky amid possible broader market drops, especially if Bitcoin falls below $60,000.
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
