The cryptocurrency Artificial Superintelligence Alliance (FET) has experienced a significant 34% price decline, validating a three-month-old pattern that predicted such a correction. While investors are facing historic losses, whales (large holders of the cryptocurrency) are capitalizing on the lower prices, suggesting confidence in a future recovery. FET holders have seen their realized losses reach all-time highs, leading to a highly bearish market sentiment. Retail investors are hesitant to make moves, reflecting a pessimistic outlook. However, whale activity has been notably bullish, with large holders adding approximately 92 million FET to their holdings, indicating confidence in the altcoin's long-term potential. FET's price has broken through a key support level, and if it can hold above the current support level, it may have a chance to recover. However, if it loses the support level, further declines are possible.



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