The Artificial Superintelligence Alliance [FET] token rallied by 4.54% in the past 24 hours, but was still down 6.52% over the past week. The sentiment in the altcoin market remained largely pessimistic. The total altcoin market cap, excluding Ethereum [ETH], was up 1.48% over 20 hours but has trended lower since the first week of July. The strong selling pressure on FET crypto and across the market in late January-early February saw the altcoin post a local low at $0.134. A rejection from the 78.6% level resulted in strong selling in June.