Fetch.ai’s FET jumps 11% as derivatives stay bullish but liquidity clusters signal downside risk

Fetch.ai’s FET token rose 11% over the past day, but liquidity clusters above the current price on the chart point to the risk of a sharp pullback. Spot flows, positioning patterns and on-chain valuation indicators paint a mixed picture of confidence, according to AMBCrypto. By contrast, derivatives data show rising Open Interest and positive funding, which continue to underpin a bullish setup in the near term.