FIL recently experienced a sharp pump followed by a pullback—classic market volatility. But here's the thing: the underlying fundamentals haven't changed. Storage demand on the Filecoin network keeps growing, institutional interest remains solid, and the broader narrative around decentralized infrastructure is still compelling. The question isn't whether it's finished, but whether we've seen the bottom of this correction. Early indicators suggest we might be gearing up for another leg up, especially if the market sentiment shifts and traders regain confidence. Watch the resistance levels closely—a decisive break above could signal real momentum returning to FIL.

FIL-0.94%
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SybilSlayervip
· 3h ago
This correction is purely normal, and the fundamentals haven't been damaged... the bottom is probably close.
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SelfStakingvip
· 3h ago
As long as the fundamentals haven't collapsed, it's not a big problem. Just wait for the rebound.
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EyeOfTheTokenStormvip
· 3h ago
According to my quantitative model, this wave of FIL retracement is actually a typical bottoming pattern. The fundamentals haven't changed, which means nothing has changed; it's just a matter of when retail investors will give up.
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