FIL has failed to break through $12 for two consecutive years. Can it return to $100 in the bull market? #FIL
Fil is a very "influential" currency in the currency circle, with a luxurious team, strong marketing, and rich story lines.
Filecoin has become popular all over the country, and almost everyone knows it in 2021.
Under the operation of capital, the project party has made a lot of money, but those who invested in mining machines in 2021 will suffer.
After May 2021, there is no way to avoid the decline in the price of the currency, which is caused by the trend turning to a bear market.
However, the crazy sales of mining machines have little to do with the trend background. It is purely caused by some people's fomo.
Of course, everyone has to pay for cognition. If you make the wrong choice at the wrong time, losing money is inevitable.
I just want to tell you one thing: the "myths" in the current currency circle are carefully designed by others in advance. Perhaps many people don't understand. Let me show you a picture first, and put it below, and you will understand FIL: rise and fall.
The following is a complete trend chart of FIL. The launch time is June 1, 2018.
Many people thought it was launched on October 1, 2020. Seeing the sharp rise, it must reach $1,000.
In fact, the truth is not that complicated. It’s just that most people in the bull market only look at the present and fantasize about the future. There is no heart to explore the truth, and no brainpower is spent. The result is naturally not ideal.
The following is a complete trend chart of FIL. Due to the long time period, the monthly line is selected, which is clearer and more realistic.
From May 2022 to April 2024, for a full two years, the market has had 4 upward trends of $12, but unfortunately they all failed.
In fact, the reason is also very simple. Judging from the K-line trend, the position of $12 is not just the "ceiling" of this wave of market
From June 2018 to May 2020, its price has been below $12 and has not been able to break through for a long time.
So this coin has its own rules. Although it will not be exactly the same, the history it has gone through can be used as a reference.
However, it should be noted that FIL has no new stories, and with a large number of people trapped, its future potential has been greatly reduced.
However, there is one good thing, that is, the wash of FIL is still very bloody, and frequent pins also throw away many people.
In addition to passively accepting fil, this node holds the focus on new funds or large capital investment. It is recommended to be cautious.
As for whether the subsequent bull market can reach 100 US dollars, I will share with you a currency EOS, which can be roughly referenced.
Every bull market will have a top-traffic currency, which is very good in all aspects, but once it is poisoned by capital.
The original innocent dream of the founding team will be defeated by reality. All promises, guarantees, and visions are not as good as putting rice in your pocket.
Countless people and teams said: to surpass BTC and ETH, but in the end they basically slowly withdrew from the stage of history.
I said this to make everyone alert to the current 2024 currency circle, because I have a hunch that a "mythical currency" like this will come out.
There are many pits and traps in the currency circle. It seems that I have not written anything, but if you read carefully, the answers are all in it. Follow me, I will continue to update more articles about the currency circle.
