This kind of gradual decline is the most frustrating, just like boiling a frog in warm water. Altcoins are basically dying a slow death under this market condition, dropping little by little every day, making it hard to cut losses while seeing no hope.
Bitcoin $BTC is indeed the last safe haven, but to be honest, at this position, even Bitcoin is not considered safe. Market sentiment has shifted; those who previously shouted "never sell" are now secretly reducing their positions.
Smart money has long since left, and what's left are retail investors playing against each other. Holding altcoins at this time is purely gambling, betting that the project team won't run away and that the market makers will still pump the price.
That said, if you're really all in on Bitcoin, you need to be mentally prepared. This round of decline may be deeper and longer than everyone thinks.
Looking at the situation of this FF token, it's actually like a top student getting sick before the final exam; the fundamentals are solid, but the short-term performance is poor.
From a technical perspective, the price decline combined with weak momentum indicators usually means we haven't hit the bottom yet. I generally wait until the momentum indicators start to diverge from the price trend before considering any reversal signals.
The integration of RWA is indeed a highlight, but the problem is that improvements in fundamentals often take longer to reflect in prices. It's like planting trees; you can water and fertilize today, but you can't expect to harvest tomorrow.
The key risk point is token unlocking, which is like the sword of Damocles hanging over one's head. If the unlocking volume is large and holders are under pressure to cash out, no matter how good the fundamentals are, they can't withstand the selling pressure.
My view is that if you're really optimistic about this project, now may not be the best time to enter; at least wait until the unlocking risk is clarified or until there are clear signs of a bottom forming in the technical analysis.
Entering the market now is a bit like catching flying knives; while you might catch a bargain, you could also end up getting cut.
