FET Uptrend Signals Potential Long-Term Gains Amid Macro Bull Cycle
Fetch.ai's native token FET has been quietly climbing back into focus after gaining over 40% in just seven days. While Bitcoin trades above $85,000 and Ethereum holds ground above $2,500, FET has managed to break through the noise with its impressive price action.
The real story behind FET's recent bounce is not just the weekly percentage gain but also the underlying macro uptrend that stretches back to 2020. This long-term pattern is crucial in determining where the token goes from here.
Historically, FET touched an all-time high of $3.4 two years ago. To reclaim this level today, the token would need to rally more than tenfold from its current price. Despite this steep climb, experts suggest that FET could post new all-time highs during the current bull cycle.