FET Faces Heavy Selling, Resilient Buyer Interest Emerges

Heavy selling pressure hits Fetch.ai (FET) as its price drops 10.43% to $0.2464 on January 20, 2026, leading to a market reaction amidst broader crypto market de-risking.

Despite lack of official updates, FET’s drop below key moving averages raises concerns about continued selling and impacts investor sentiment amid market adjustments.

Fetch.AI’s token (FET) witnessed a 10.43% price decline on January 19, 2026, with selling pressures driving the value to $0.2464.

The development reflects broader crypto market de-risking and Bitcoin’s price retreat, impacting multiple cryptocurrencies and market sentiment overall.

FET Price Plunges by 10.43% Amidst Selling

FET’s price fell by 10.43% to $0.2464, triggered by heavy selling. This drop positions it below short-term moving averages, creating market uncertainties.

The price remains below its 200-day moving average of $0.4620, indicating a bearish trend. No FET leadership comments are available regarding these changes.

Bitcoin Pullback Sparks FET Market Caution

The decline in FET reflects broader market reactions to Bitcoin’s recent pullback. Investors display caution amidst market volatility.

FET’s dip below key moving averages highlights potential challenges for buyers. Crypto market fluctuations are causing trading volume reductions, affecting short-term recovery prospects.

Historical Crash: FET Down 97% from 2024 Highs

Previously, FET experienced a 97% crash from 2024 highs near $3.00. The pattern of volatility is familiar, affecting market confidence. According to a crypto analyst, “The current trend of FET reflects the volatility seen across numerous digital assets, emphasizing cautious strategies going forward.”

Based on past trends, continued market weakness could prolong FET’s current downtrend. The situation calls for cautious investor strategies and monitoring price movements closely.