CoinWorld news, trading perspective: Optimistic about $FIL as one of the core targets in the altcoin market, expected to benefit from the upcoming bull market, especially in the expansion of decentralized storage, computing, and AI fields. Reason: From the monthly trend, $FIL has accumulated sufficient chips after a long period of bottom oscillation, breaking the March high is expected to challenge $15, and if it breaks through, it may open up more upward space. Historical performance: $FIL was once the absolute king project in the market, with a peak market value exceeding $500 billion, even surpassing Ethereum at one point. The global market's appeal and support from traditional compliant funds provide a strong foundation for it. Innovation and market leadership: $FIL has pioneering status in the Depin track and remains the leading project in this area; in future speculation on Depin, $FIL cannot be ignored. Institutional recognition: Grayscale holdings show that $FIL is one of the projects most valued by institutional investors, with high global consensus. Technical progress: Over the past few years, $FIL has made significant efforts in infrastructure construction, with frequent code updates, and application scenarios expanded to data storage, computing, and AI fields. Upgrades and ecological development: In Q1 next year, the $FIL main chain will undergo a version upgrade, enhancing performance by 480 times, with gas fees significantly reduced. Additionally, $FIL may support the meme ecology, further stimulating its influence within the ecosystem. Decreased miner selling pressure: Most miners have sold off in the low price range, and current selling pressure from miners is low, with strong market liquidity; the circulating market value of $FIL remains attractive. FOMO mechanism and capital inflow: The node locking mechanism inherent to $FIL will attract a large amount of traditional capital when prices rise, and staking mining will become an important way to attract funds. If $FIL can stabilize at $20, it is expected to initiate a self-reinforcing upward cycle, similar to the last bull market, where $FIL once rose to $238, with a market value exceeding $500 billion, indicating immense growth potential. Original link: https://x.com/Vito_168/status/1863796966842663124