Mercurity Fintech's 15min chart indicates Bollinger Bands Narrowing and KDJ Death Cross.

Merging Fintech's 15-minute chart exhibited a narrowing of Bollinger Bands, accompanied by a KDJ Death Cross at 10/07/2025 11:15. This suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

On October 7, 2025, Future FinTech Group Inc. (NASDAQ: FTFT) experienced a notable shift in its stock price dynamics, as indicated by a narrowing of Bollinger Bands and a KDJ Death Cross on its 15-minute chart. These technical indicators suggest a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

The Bollinger Bands, which consist of a moving average and two standard deviations above and below it, narrowed significantly, indicating a reduction in volatility. This is often a precursor to a period of consolidation or a trend reversal. Additionally, the KDJ Death Cross, a technical indicator that combines the Stochastic Oscillator and the KDJ Line, crossed below the 100-level, signaling a bearish trend. This combination of indicators suggests that FTFT's stock may continue to experience downward pressure in the near term.

FTFT's recent strategic moves, such as signing a cooperation agreement with HHEX RWA Financial Instruments to develop Web3 and RWA platforms, may have contributed to the current market sentiment. The partnership aims to launch a compliant multi-asset RWA tokenized fund and build an RWA Business Center System for tokenization of real estate fund shares, supply-chain assets, and bonds. While this strategic move is expected to accelerate FTFT's Web3 strategy, market participants may be cautious due to the ongoing regulatory environment and the company's recent legal challenges.

Investors should closely monitor FTFT's financial reports and regulatory filings to gauge the impact of these developments on the company's financial health and market position. As FTFT continues to expand its digital asset and blockchain initiatives, it is essential to stay informed about the latest updates and potential risks associated with these endeavors.