Chanelle Woznick snuy

From the monthly chart of Filecion, the time at the bottom has been very long. The longer the horizontal movement, the higher the vertical rise. After the main decline in the bear market, it has been horizontal for two years, and the accumulation of main force chips and the turnover of retail investors have been very sufficient.
Next, we will see if the bull market can trendily start the terrifying upward flywheel of FIL. In the last bull market, FIL created the most powerful flywheel effect in crypto history, pushing its total market value to a peak of 500 billion USD.

Here are a few key points to share: 1. As the absolute king project of the entire market, strongly supported by all exchanges including Binance at that time, the highest market value stage FDV exceeded 500 billion USD (the historical highest price of FIL on Binance was 238.2 USD), once surpassing the current Ethereum market value of 410 billion USD. The global market appeal is still very strong. Moreover, it includes exchanges like Coinbase, where traditional compliant capital from the U.S. can enter.

2. The concept of Depin was born only after Filecion emerged; it created this track, and many years have passed, yet the leader in the Depin track and concept still seems to be it. One cannot avoid Filecion when discussing Depin. 3. Take a look at Grayscale's holdings; now traditional U.S. funds are closely watching Grayscale's holdings on a large scale. I believe among the dozen or so assets in Grayscale's holdings, apart from BTC, ETH, and Sol, FIL should be the one with the highest global consensus. 4. In fact, over the past few years, this king-level project FIL has done a lot in infrastructure, with the amount of code updates second only to Ethereum. It has achieved substantial results, including storage, data, computation, and AI (Trivia: apart from the VC led by IO, IO mainly participated in the incubation of FIL and Sol together in the early days, as can be seen on IO's official website). It's just that due to the sluggish coin price, no one has noticed it. When the coin price rises, I believe everyone will see it. 5. In the first quarter of next year, FIL will undergo the next version upgrade, with main chain performance improved by 480 times, gas costs significantly reduced, and the stablecoin on the main chain has also been released this month. Next, the official may support the meme ecosystem on the main chain; once the FIL meme ecosystem explodes, many CX teams may quickly revive on the FIL ecosystem, after all, many aunts who have never heard of Ethereum have heard of FIL.

🎇FIL is about to restart!!! Will it return to $200?

What is FIL? FIL coin is Filecoin, with a historical low price of $19.95 on December 30, 2020, and a highest price of $237.62 on April 21, 2021.

The future trend of FIL coin is influenced by various factors. From a market demand perspective, with the development of digitalization, the demand for data storage is continuously increasing. As a decentralized storage network, it is expected to meet the market's demand for secure and reliable storage solutions on a technical level.

The technological updates and performance optimizations of the Filecoin project will enhance the application value of FIL coin and drive price increases. In terms of ecological development, the increased community activity, expanded consensus, and large-scale commercial cooperation and user growth will strongly support the value enhancement of FIL coin.

We can see that in just one month, FIL has risen from 3.4 to 7.3, doubling in value. Currently, the effective pressure is at $8, and once it breaks through $10, a frenzy bull market will be triggered!

In the future, there may be various favorable conditions to realize a resurgence in old coins. Many old coins can be pulled up easily, and FIL is very likely to break through the three significant barriers of 50, 80, and 100 within just a few months, even creating new highs! #filcoin

The common problem among retail investors is: they hold on stubbornly when losing money and rush to exit when making a small profit, focusing only on the trivial gains in their accounts while ignoring the overall market situation and trading volume.

My suggestion is: stay calm when making money, and decisively exit if losses exceed 5%.

My little tip is: when profits reach 15%, if it falls back to 10%, you should exit; if it continues to rise, then hold on. By repeating this process, even if the success rate is only half, you can ultimately achieve substantial returns. The key is to control greed, not to fear losses, maintain a sense of proportion, follow the market rhythm, and not go against the market.

To judge market trends, moving averages are a good tool; if they rise, it means an uptrend, and if they fall, it indicates a downtrend.

For short-term trading, just focus on the daily chart, and once the trading volume increases, you should quickly follow suit.

If you are engaging in medium to long-term operations, you should look at the weekly chart; be bold to buy when there is a breakout and decisively sell when it breaks down. When the market is not performing well, you should remain observant and not blindly bottom-fish, as profiting against the trend is indeed difficult. When trading cryptocurrencies, focus on the big while letting go of the small; it's more important to stop losses promptly when mistakes are made than to earn a little profit.

During short-term operations, closely monitor the 15-minute to 1-hour K-line chart, use KDJ to find buying and selling points, and then guess the intentions of the main forces through OBV. When stocks are being washed, the trading volume will decrease, and when unloading, it will increase. When popular coins encounter risky news, there may be short-term volume shrinkage and fluctuations, but there is still a possibility of hitting new highs afterwards. #以太坊时刻到来？ #市场回暖新机遇 #比特币打破感恩节魔咒 #市场波动，加仓还是观望？