From a monthly perspective, Filecoin has been consolidating at the bottom for a very long time. The longer the horizontal movement, the higher the vertical movement. After the main decline of the bear market, it has been horizontal for two years, and the accumulation of main funds and the turnover of retail investors have been very sufficient. The first target is to see if it can break through the previous high from March this year and reach $15. After that, we will see if the bull market can trend upward and activate the terrifying upward flywheel of FIL. In the last bull market, FIL created the strongest flywheel effect in crypto history, pushing its total market cap to a peak of $500 billion. Of course, this same mechanism also caused it to severely drop in the bear market. Its mechanism acts as an amplifier for both bull and bear markets. $FIL

This is purely a personal share and should not be taken as investment advice! Profit and loss are at your own risk.