Filecoin's chart is painting an interesting picture right now. The setup mirrors that Double Top formation we saw back in 2021—same structure, different timeline. If the 4-year market cycle theory holds water, FIL could be looking at a run toward the $20 level within the next 2-3 months.
Here's the thing: history doesn't repeat, but it often rhymes. That's not a guarantee, obviously—markets are messier than perfect patterns. But the confluence of the historical chart structure plus the cycle timing makes it worth paying attention to.
So the real question isn't whether it'll happen, but whether you've thought about what you'd do if it does. Got your risk management sorted? Know your entry and exit levels? Because when these setups play out, they tend to move faster than you'd expect.
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EntryPositionAnalyst
· 01-20 21:07
Is the double top pattern back again? To be honest, I’m always skeptical about this kind of historical repetition theory; markets don’t follow such strict rules.
It sounds good if FIL hits $20, but the key is whether you’ve truly thought it through and whether you can hold on when losing money.
Risk management is easy to talk about but hard to do. Most people don’t have clear stop-loss points; they’re just gambling.
If the price really moves, the speed will definitely surprise you; past experience is almost useless.
Instead of obsessing over patterns, ask yourself: can you sleep soundly if it drops 50%?
I’m observing this wave of the market and will wait until the trend becomes more obvious.
The cycle theory has been overused and discredited long ago, but I have to admit it does have some reference value—just don’t believe it blindly.
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AirdropAnxiety
· 01-20 17:11
Oh no, it's the same old story repeating itself. Give me a break.
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blockBoy
· 01-20 14:36
It's all just tricks; I'm tired of hearing the phrase "history doesn't repeat itself."
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GateUser-e1df6b00
· 01-18 04:45
Still $20??? Let's start with $2 first.
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GasGuzzler
· 01-18 01:52
If this wave of FIL really reaches 20, you should have bought in earlier.
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JustHereForMemes
· 01-18 01:52
Chart enthusiasts are back to storytelling; let's see if $20 can be in hand first.
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RektButStillHere
· 01-18 01:51
No more words, I've heard the number $20 quite a few times, but the key is whether it can break...
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It's the same old story of history repeating itself. I just want to know if this time will also be a face slap.
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Risk management? I'm used to losses long ago, so it's not a big deal.
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Double top does look similar, but I'm more concerned about whether there will be another sharp decline in the next two months. Have you thought of a plan to run away, everyone?
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Wait, why do some people always use history as a reference? The market has already changed, alright.
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$20 is a bit uncertain. I think the probability isn't that high, but anyway, I'm just waiting.
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The entry and exit points have been set long ago. Now just wait for the market to come to me.
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ChainPoet
· 01-18 01:48
Double top resistance still hurts, but can $20 really break? Feels uncertain.
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朱先生丶
· 01-18 01:44
Just a 0.1 increase and then sold off, the technology is not good, miners are panicking and fleeing. Hash rate drops, do you still expect it to rise?
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MetaMaskVictim
· 01-18 01:35
Can FIL reach 20 this time? Dreaming or is there really a chance?
Filecoin's chart is painting an interesting picture right now. The setup mirrors that Double Top formation we saw back in 2021—same structure, different timeline. If the 4-year market cycle theory holds water, FIL could be looking at a run toward the $20 level within the next 2-3 months.
Here's the thing: history doesn't repeat, but it often rhymes. That's not a guarantee, obviously—markets are messier than perfect patterns. But the confluence of the historical chart structure plus the cycle timing makes it worth paying attention to.
So the real question isn't whether it'll happen, but whether you've thought about what you'd do if it does. Got your risk management sorted? Know your entry and exit levels? Because when these setups play out, they tend to move faster than you'd expect.