The analysis focuses on FET/USD. It identifies a signal line at 50 cents, noting the market has been below this level. A Friday flash crash damaged the chart. A move to the upside has been fairly weak, but there has been a decent reaction. A substantial recovery cannot be confirmed yet. On a smaller time frame, the market is still suffering. It looks as if FET wants to test 0.226 or even 0.194 next. There is a need for a five wave move up from any low to indicate a low is in. A break above 0.38 and 0.50 would be an indication that a more meaningful low is in place. The structure afterwards is questionable. Many coins are in recovery mode, at least short term, but FET remains weak and even shows some downside momentum. Caution is required, as there is no meaningful setup at this point that suggests FET has formed a lasting low.