Momentum Vanishes, Overshadowed by Major Web2 AI Agent Upgrades

• • The 1-hour chart confirms a highly persistent downtrend structure, with the price currently pinned weakly at the edge of its macro support area.
• • Sentiment on April 22-23, 2026, highlights the loss of prestige for blockchain AI projects, fully vacuumed by massive update releases from traditional Web2 AI giants.

Capital attention rotation is ruthlessly hitting the blockchain-based artificial intelligence (AI) sector. Based on sentiment analysis from April 22-23, 2026, a barrage of cutting-edge launches and updates from traditional AI agents (like Claude and the OpenClaw ecosystem) has massively succeeded in stealing the tech industry's main spotlight. These rapid advancements in the Web2 sector are directly overshadowing and absorbing speculative liquidity away from AI token price action on crypto networks. Technically on the daily (1D) chart, FET's price broke below its accumulation phase boundary long ago and printed a steep downward structure. On the 1-hour (1H) chart, this persistent selling pressure forces the price to continuously print lower lows, now weakly pinned at the lip of the final support at the $0.206 entry price. Supply thrust is projected to successfully crush this vulnerable support, dragging the price down to the $0.195 target and further to the deepest target in the $0.185 range over the next 3 days.

The AI sector is highly sensitive to partnership rumors. If the price successfully bounces and breaks the $0.215 upper boundary, this short-term bearish posture will be invalidated, indicating re-accumulation by large entities.