FTT Remains Distressed — Recovery Needs Clear Catalysts

I think FTT is still effectively at a distressed low after the FTX collapse and hasn't shown a convincing structural recovery.

Any sustained upside would require clear legal or operational catalysts — asset recoveries, a credible relaunch, tokenomics changes, or a strong broad-market rally — rather than just short-term hype.

I would treat FTT as a high-risk, speculative position and size any exposure accordingly, using strict risk management and waiting for verifiable positive developments before increasing allocation.