financialized markets all move together in times of liquidity panics. Thats why we must pay attention when we hear of certain market going wild in large percentage moves. FTT token may not matter to everyone, but it matters if it gives us an insight to market mechanics that affect everyone. Crypto liquidity panics will harm investor trust and sentiment. Losses...
FTT is used to get trading fees discounts on FTX. FTT sees finally broke the downtrend structure and seems to be running towards the resistance. However, we don't have *strong* evidence that the bottom is in. Last FTT video:
FTT is currently looking toppy here, even if it decide to rest highs. Daily and Weekly chart showing weakness and local top volumes seem pretty crazy as well. In the video I walk through some S/R levels and some scenarios.