On December 16, 2025, Binance exchange's FTT is currently priced at about $15.27, down 1.89% in the last 24 hours, with a daily volatility of 7.32%, fluctuating between $14.81 and $16.03. Technically, the 4-hour chart shows that FTT is in a descending channel, with the 5-day moving average at $15.63 forming short-term resistance, and support seen at the previous low of $14.5. If this support is broken, it is likely to test the $12-13 range; the daily MACD indicator is showing a growing green bar, indicating that bearish momentum has not yet fully released.
In terms of the market, FTT's recent performance has been affected by news related to the disposal of FTX-related debts, with reports suggesting that creditors plan to sell off their FTT holdings in bulk, leading to market sell-off sentiment. Additionally, the overall cryptocurrency market has weakened due to cooling expectations of interest rate cuts from the Federal Reserve, and FTT, as a platform token, lacks positive support, making it difficult to change the weak trend in the short term. However, the current inventory of FTT on exchanges is low, and if bottom-fishing funds enter the market, there may be a short-term rebound.
