#数字货币市场洞察 $FHE deeply trapped? Don’t rush to cut your losses—there may be a turnaround brewing in the market.

Looking back at this round, the initial surge was fueled by the scarcity of the fully homomorphic encryption concept, with option premiums pushed to the extreme. The subsequent crash was essentially a process of squeezing out the bubble—the market cooling off hot money in the most brutal way. Now the price is stuck at a key level, seesawing back and forth. This kind of position rotation won’t be completed overnight; bottoming out takes time.

To be honest, $FHE is a rather unique sector. Its value doesn’t depend on short-term trading volume. What can really ignite a rally are two things: a big bet from top-tier capital, or a breakout application within the ecosystem. Before these catalysts appear, the price action will most likely follow overall market sentiment.

Technically, the 0.095–0.105 range is crucial. This is not only a technical support formed by previous high-volume trading, but also a psychological line for early holders. If it holds, a double bottom may form; if it’s lost, the correction will escalate and downside potential opens up further. Looking up, 0.13 is a clear neckline resistance—only a breakout with strong volume confirms a trend reversal.

My personal view: if you’re a momentum trader or have short-term capital, the smartest choice right now is to stay on the sidelines. Wait for the three signals to align—the broader market stabilizing, $FHE forming a bottom pattern, and volume breaking through key resistance—then it’s not too late to enter.

Stay cautious in the short term and optimistic for the long term, but don’t blindly bottom fish. The market will provide the answer—it just takes patience.