DWF LABS has transferred three million Fet icons to Bitget, which represents its first activity in five months. The company initially obtained ten million Fet from the Fetch.AI Foundation in September 2024, when the distinctive symbol was traded over $ 1.18.
To date, five million FET are deposited via Binance and Bitget at an average price of $ 0.987, incurring a loss of 16.7 %. The last step leaves DWF laboratories with five million Fet worth $ 3.04 million.
DWF Laboratories (DWFLABS) Just deposit 3m $ Fet ($ 1.82 million) l #Bitget After 5 months of lack of activity!
These symbols are part of 10 meters $ Fet It was received from Fetch_AI The basis on September 3, 2024, when the price was $ 1.185.
To date, DWF Labs deposited 5 meters $ Fet to # and #Bitget in … pic.twitter.com/jipscevlm1
– Spotonchain March 7, 2025
According to the series, this last deal indicates a possible transformation in the market dynamics. While institutional players often transfer symbols for liquidity, large deposits of exchanges sometimes indicate the next sale pressure.
The price of the fetus decreases as the analyst sees more decrease
BOJ encryption analyst predicts a sharp decrease in Fet priceWith a possible goal of $ 0.20. He highlighted a certain pattern in the graph and the shoulders on the weekly graph, which enhances the homogeneous expectations.
Recently break the code than the main support area, and turn it into resistance. This transition, in addition to supporting the failed direction line, indicates a possible continuation of low levels.
BoJ Fet analysis previously appears to follow similar technical settings, and often up to expected goals. He pointed out that the distinctive symbol tends to respect historical patterns, which makes the level of $ 0.20 the main negative goal.
$ Fet Super alliance down 🔻📉
Objective: $ 0.20 🩸
TA:
– Boj 🙋 (Cryptoboj) March 6, 2025
The support box turns into resistance.
The head of the high framework and the shoulders emphasized.
He loves to hit his goals (see orange lines). pic.twitter.com/gw4utbtg20
Intermediate support at $ 0.30 can provide a temporary reduction, but continuous sale pressure may lead to low prices.
Also read: Why did the encryption market decreased today, as the price of bitcoin decreased to less than 90 thousand dollars
The Fet Market structure turns into a declining amid high sale pressure
FET has struggled to restore the bullish momentum since its peak in early 2024. The long -term trend, which started in 2020, showed higher and lowest levels. However, the recent collapse of the support fund is a structural shift.
In publication Trading at $ 0.611Fet 5.39 % decreased last day, with a weekly decrease by 1.14 %, according to Coingecko. The resistance area should be recovered between $ 0.75 and $ 0.80 for bulls to restore control. Otherwise, the path to $ 0.30 and possibly $ 0.20 is still open.
The latest exchange deposits by DWF laboratories, as well as Haboodi technical indicators, add more uncertainty to the Fet price. A weekly closure less than $ 0.60 can accelerate negative moves, confirming the projection of the analyst.
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