Is there still hope for this round of FIL Bull Market???


FIL is a cryptocurrency with a strong influence in the crypto world, luxurious team, powerful marketing, and rich storyline
Let Filecoin be known all over the country, it is also known to almost everyone in 2021.
Under the operation of capital, the project party makes a lot of money, but those who invested in Mining Rig in 21 are suffering.
After May 2021, it is inevitable that the price of the currency will fall, which is due to the trend turning to Bear Market.
But the crazy sales of Mining Rig have little to do with the trend background, purely caused by some people's fear of missing out (FOMO)
Of course, everyone has to pay for their own understanding. Making wrong choices at the wrong time and losing money is inevitable.
This is just to tell everyone one thing: the 'myths' of the current crypto world are carefully designed by others in advance
Perhaps many people don't understand. Let me show you a picture, and you will understand the rise and fall of FIL.
Figure 1 is a complete trend chart of FIL. It was launched on June 1, 2018.
Many people thought it was launched on October 1, 2020, and seeing the pump so strong, it will definitely go up to $1000.
The truth is not so complicated, it's just that most people in the Bull Market: only look at the present and fantasize about the future
Without the curiosity to explore the truth, let alone spend a little brainpower, the result is naturally very unsatisfactory.
Figure 1 is the complete trend chart of FIL. Due to the long time period, the monthly chart is chosen for a clearer and more realistic view.
From May 2022 to April 2024, for a full two years, there have been four attempts to push the market up by $12, but unfortunately, all of them have failed.
Actually, the reason is very simple. From the Candlestick chart, the $12 position is not just the "ceiling" of this wave of market.
From June 2018 to May 2020, its price has consistently remained below $12 and has not been able to break through for a long time.
So this coin has its own rules, although it may not be exactly the same, but the history it has experienced can be used for reference.
However, it is important to note that FIL no longer has any new stories, coupled with a large number of trapped people, the future potential has been greatly discounted.
But one advantage is that FIL's Whipsaw is still very bloody, and frequent Long Wick Candle also shakes off many people.
The Node holds FIL for active deployment of new funds or large capital injections, besides passive acceptance. It is recommended to proceed with caution.
As for whether the subsequent big Bull Market can reach $100, let me share a currency EOS with everyone as a reference.
Every bull market will produce a top traffic currency, which is very good in all aspects and very high-end, but once it is poisoned by capital.
The original innocent dreams 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 individuals and teams have said: they want to surpass BTC, ETH, but in the end, they basically slowly exited the historical stage
I'm saying this is also to alert everyone to the crypto world of 2024, because I have a premonition that similar "mythical currencies" are about to emerge.
If nothing unexpected happens, FIL will be the second EOS. I know that many people still firmly hold FIL, but the ultimate outcome is nothing more than missing out on another round of a big Bull Market.
FIL7.73%
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