Fantom's recent performance in the cryptocurrency market has been notably weak, with a significant decline of 10.60% against the US Dollar in the past 24 hours. This underperformance extends to its trading pairs, with FTM/BTC and FTM/ETH dropping by 7.77% and 6.85%, respectively.

Despite a bullish medium-term trend, the short-term outlook remains bearish, compounded by a 14.73% decline over the last month. The Fear & Greed index indicates a state of Greed, yet the market sentiment for Fantom is predominantly bearish, with 54% of indicators suggesting a negative forecast.

Investors should remain cautious, as the cryptocurrency market's inherent volatility poses substantial risks.