Brothers, look at FHE over the past few months, from the end of September to the beginning of December, it's been like "hibernation", with prices hovering around $0.08 down to $0.02-$0.03, nothing interesting at all. The OI-Weighted (the green line up there) is also quite tame, showing that we are still very indifferent.
But suddenly, right at the beginning of December, FHE suddenly skyrocketed! From the $0.02-$0.03 range, it shot up to nearly $0.12! It was a classic "dragon transformation" moment, causing many brothers to FOMO in. At that time, OI also increased a bit, clearly indicating that market attention surged.
But life is not as dreamy as we brothers think, right? It hasn't been long since the joy of December 18-19, when FHE staged a "crash" without brakes, even more terrifying than when it soared. A bright red candle, standing upright, pulled the price from $0.10 straight down to $0.0136! Oh no, how much effort, how much hope, all gone in the blink of an eye. The OI-Weighted line is also bright red and plummeting, surely brothers are cutting losses, liquidating left and right.
Looking at FHE right now is truly a valuable lesson about the harshness of the crypto market. It shows that not every high is a good signal, and sometimes, a "dump" is what wakes us up. It's truly a game for those with steel hearts! Anyone still holding FHE must be having a tough time right now.
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