FHE is experiencing a fierce rally today, with a 24-hour increase directly reaching 31.13%. The current price is stuck at 0.10518, with trading volume and open interest both rising—2.78 billion in volume combined with 2.19 billion in open contracts. This signal is very clear: new funds are actively entering the market, rather than shorts being forced to cover and causing a squeeze.
From a technical perspective, the short-term support level is around 0.09250, which was previously the high point of that upward wave. Looking upward, 0.12800 acts as a strong resistance, roughly aligned with the lower edge of the previous dense trading zone. If the price truly pulls back to the support level and trading volume begins to decline, it may be a good opportunity to consider entering gradually. Conversely, if the volume breaks through 0.12800, traders might start eyeing the 0.15000 range. But don’t overlook the risk of rapid retracement in high volatility conditions—things are quite volatile right now.
FHE is essentially an application of fully homomorphic encryption technology, belonging to the privacy computing track. It sounds complex, but simply put: you can perform calculations on encrypted data without exposing the original information. It’s somewhat like a bulletproof glass safe in the blockchain world—data is processed inside, and only the results are visible outside, without revealing the content.
Information on tokenomics remains limited; details on circulation rate and unlocking plans are scarce. The token’s empowerment level mainly depends on how many applications in the ecosystem actually adopt its privacy computing services. From a basic logic standpoint, the current market demand for privacy tracks is still concentrated on functions like transaction anonymity (such as mixers), and the demand for complex on-chain data computation isn’t as urgent. Whether FHE technology can meet market expectations and be implemented in real applications remains the biggest uncertainty. The current hype is mainly driven by capital, and long-term gains will depend on whether there are genuine use cases.
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ChainSauceMaster
· 4h ago
A 31% increase, the signal of new funds entering the market is indeed clear, but I am still more concerned about whether this thing can truly be implemented.
The technical concept sounds good, and the analogy of a bulletproof glass safe is also fitting. The problem is, does the market really need such complex privacy solutions? Right now, what everyone wants is just mixing for anonymity.
In my opinion, this wave of popularity is just capital speculation. Once the hype passes, we should look at the use cases. Short-term explosive growth doesn't mean there's long-term potential.
Keep a close eye on the resistance level at 0.12800; only when it's broken is it worth following. It's not the right time yet.
Wait, the information on this token's economics is so lacking. Can someone explain to me what the real empowerment logic is? Feels like it's not much different from most privacy coins.
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DAOdreamer
· 13h ago
A 31% increase sounds impressive, but judging by the trading volume data, there are probably quite a few new investors entering the market.
Wait, what about the real application scenarios? Is the demand for privacy computing really that significant?
Right now, it's just capital fueling the hype. Whether the technology is truly implemented remains to be seen.
If it retraces to around 0.09, I might consider a small test, but this wave is indeed a bit aggressive.
To put it simply, it's still a gamble on whether it will be used in the future. Playing now is basically betting on the story.
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HypotheticalLiquidator
· 13h ago
Behind the 31% increase is just capital accumulation and a liquidity trap. Once the resistance level at 0.12800 cannot be broken, the pullback will happen so quickly that people won't be able to react. For tokens with unclear empowerment logic, this wave of popularity will cool down very quickly.
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MemeKingNFT
· 13h ago
Uh... it's another money-driven story; I've seen this routine too many times.
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CommunityWorker
· 13h ago
Are 31 points enough for me to chase? Wait for a pullback first.
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The trading volume is indeed impressive, but could this be another game of funds?
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The analogy of a bulletproof glass safe is excellent, but where are applications actually using this technology?
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Breaking 0.12800 is the key; otherwise, it's all just inflated.
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The demand in the privacy sector isn't that high; the implementation of this technology is still uncertain.
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It's more panic-inducing when prices rise so sharply; with high volatility, losses come quickly.
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I'll consider entering when it returns to 0.09250. Chasing the top now is unwise.
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The sector concept is good, but I'm worried it might just be another fleeting hype driven by funds.
FHE is experiencing a fierce rally today, with a 24-hour increase directly reaching 31.13%. The current price is stuck at 0.10518, with trading volume and open interest both rising—2.78 billion in volume combined with 2.19 billion in open contracts. This signal is very clear: new funds are actively entering the market, rather than shorts being forced to cover and causing a squeeze.
From a technical perspective, the short-term support level is around 0.09250, which was previously the high point of that upward wave. Looking upward, 0.12800 acts as a strong resistance, roughly aligned with the lower edge of the previous dense trading zone. If the price truly pulls back to the support level and trading volume begins to decline, it may be a good opportunity to consider entering gradually. Conversely, if the volume breaks through 0.12800, traders might start eyeing the 0.15000 range. But don’t overlook the risk of rapid retracement in high volatility conditions—things are quite volatile right now.
FHE is essentially an application of fully homomorphic encryption technology, belonging to the privacy computing track. It sounds complex, but simply put: you can perform calculations on encrypted data without exposing the original information. It’s somewhat like a bulletproof glass safe in the blockchain world—data is processed inside, and only the results are visible outside, without revealing the content.
Information on tokenomics remains limited; details on circulation rate and unlocking plans are scarce. The token’s empowerment level mainly depends on how many applications in the ecosystem actually adopt its privacy computing services. From a basic logic standpoint, the current market demand for privacy tracks is still concentrated on functions like transaction anonymity (such as mixers), and the demand for complex on-chain data computation isn’t as urgent. Whether FHE technology can meet market expectations and be implemented in real applications remains the biggest uncertainty. The current hype is mainly driven by capital, and long-term gains will depend on whether there are genuine use cases.