The selling pressure of Filecoin seems to be easing. After a significant decline earlier, the price has entered a consolidation phase, showing typical range-bound oscillation characteristics. This price compression often indicates a potential directional breakout — it could go upward or continue to weaken. The key now is to observe the performance of trading volume and support levels to determine whether the next move is building momentum or continuing to test lower. Market participants should closely monitor this consolidation cycle.
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ApeDegen
· 9h ago
Sorting phase? It looks more like grinding the bottom to me. The trading volume is still so sluggish. Let's talk about breaking below once it happens.
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FlippedSignal
· 9h ago
Wait, will easing selling pressure lead to a rebound? I think it's more like a dead cat bounce.
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MemeKingNFT
· 9h ago
Is the selling pressure easing? I think... this is just a typical dead cat bounce before a rebound, don't be fooled, brother.
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Another "range-bound oscillation," I'm sick of hearing about it, still the same words—if the trading volume doesn't pick up, it's all pointless.
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I've been talking about the bottoming phase for half a year, and look at FIL... I have to open my heavy positions.
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If the support level can't hold, this buildup will turn into a "cubs" buildup, understand?
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The trading volume is dead as hell, and you still dare to say there's a breakout? What about on-chain data? Show me some on-chain data.
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I've already said this wave is the bottoming phase, and now it seems... just so-so.
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Following the trend is easy to say, but who the hell dares to buy the dip when the time comes?
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Consolidation cycle? More like consolidating the bag of leeks in the wallet. 😅
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StillBuyingTheDip
· 10h ago
Wait a minute, is this compression really easing things or just a quiet before another round of cutting the leeks?
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SerumDegen
· 10h ago
ngl this sideways action is just copium wrapped in "accumulation" language... volume's gotta speak or we're still cascading lower imo
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MoonRocketTeam
· 10h ago
Is FIL this time just refilling supplies, or is it really going to be burned to enter? Look at the trading volume to judge, don't be fooled by the K-line.
The selling pressure of Filecoin seems to be easing. After a significant decline earlier, the price has entered a consolidation phase, showing typical range-bound oscillation characteristics. This price compression often indicates a potential directional breakout — it could go upward or continue to weaken. The key now is to observe the performance of trading volume and support levels to determine whether the next move is building momentum or continuing to test lower. Market participants should closely monitor this consolidation cycle.