2025-12-25 01:23:48

Filecoin (FIL) Spot Market Analysis and Investment Observation

Currently, FIL is hovering around $1.27, with a noticeable 24-hour decline. Market sentiment appears somewhat contradictory—the signals from technical analysis and community discussions are diverging, providing multiple perspectives for upcoming actions.

Let's start with the price perspective. FIL is exhibiting a bearish pattern, with its price being suppressed by several key moving averages, indicating strong resistance. Meanwhile, there are growing concerns from the network side—mining hash rate is rapidly declining, naturally raising doubts about the network's long-term stability. However, it's not entirely hopeless; some voices in the market believe that a rebound could occur due to capital accumulation and fundamental support.

Several noteworthy points: Filecoin's developer activity and community engagement in AI, big data, and DePIN ecosystems remain strong, leaving room for increased adoption in the future. Interestingly, the so-called "smart money" has been accumulating FIL for 44 consecutive days, suggesting potential buy interest behind this persistence. Technically, the market has formed a relatively solid bottom support zone between $1.20 and $1.27, making a short-term rebound possible.

However, risks are evident. The downtrend remains clear, with prices consistently below key moving averages and facing multiple rejections at resistance levels between $1.30 and $1.35. The declining network hash rate is a significant concern, directly impacting project stability. On the technical indicators front, RSI remains in the bearish zone, MACD lines are below the signal line, and volatility is shrinking—all indicating ongoing selling pressure.

Community voices are divided. Some are optimistic about FIL's potential for a strong breakout and long-term value, while others believe the bearish pressure will persist, possibly leading to further price declines.

FIL0.46%

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ChainChef

· 14h ago

ok so 44 days of smart money accumulation is basically this recipe still simmering... but that hashrate cliff? recipe's burning ngl

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DegenWhisperer

· 14h ago

Smart Money has been buying for 44 days, and I’m puzzled—why hasn’t it rebounded yet? The short pressure on FIL is really fierce; it hasn’t been able to break above 1.3. The decline in hash rate is a bit concerning, but the AI sector is still hot, so it’s worth paying attention. The bottom support is right there; in the short term, it probably won’t continue to fall. RSI and MACD indicators, to be honest, are starting to lose their effectiveness now. If we can hold between 1.2 and 1.27, that’s good; otherwise, it might be time to consider stop-loss. The DePIN ecosystem has potential; that’s the only reason I still want to hold on. The community is so divided, which means no one really has a clear view yet. It feels like we’re grinding at the bottom—either a big surge or further decline, there’s no middle ground. The sharp drop in hash rate is a serious issue; the project team really needs to come up with a solution, or it might really fade away.

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FUDwatcher

· 14h ago

Are 44 days still accumulating? I can't say for sure about this move; it could be a genuine bullish outlook or just trapped and holding on stubbornly. The real headache is when the computing power crashes—that's the lifeline of FIL. Can the 1.20 bottom hold? It doesn't seem very stable. I'm tired of hearing about smart money; ultimately, it still depends on whether technical indicators are strong enough. With such fierce bears, is there really that much chance of a rebound? The DePIN ecosystem's popularity is indeed good, but turning that into a price increase? Still a long way to go. This position is hard to take, the resistance level is stuck.

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GhostChainLoyalist

· 15h ago

Smart money has been accumulating for 44 days, and I just want to know if they are truly smart or just along for the ride... The decline in computing power is indeed a bit cold, but the heat in the DePIN ecosystem cannot be ignored. Hesitating around 1.27, it's better to wait for a clear signal rather than obsess over technicals. As long as the bottom holds, there’s still a chance; I just worry it might break with a single poke. A rebound is possible, but don’t be fooled by short-term rallies. If miners run away and computing power disappears, what will this project rely on to support itself?

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MerkleDreamer

· 15h ago

Smart money has been holding for 44 days... but the decline in hash rate is indeed concerning. Smart contracts are good, but network stability is the key to success. Is FIL at the bottom this time or will it continue to explore? Those investing now are all brave. If 1.27 can't hold above 1.20, then we need to reassess. It all depends on how the fundamentals develop. There is room for a rebound, but with such strong bearish pressure... we need to wait for a true breakout signal. In this bear market, some people still insist on holding, either big players or faith reinforcements. Which side are you betting on? The plunge in hash rate is a major problem. Without solving this, talking about DePIN is pointless. The bottom is being tested here; a short-term rebound is quite possible, but don't get your hopes up too high.

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