Something unusual is unfoldingâtrading volume has just reached record highs while Filecoin (FIL/USDT) lingers near its long-term lows. Thatâs no accident.
Market Outlook
This weekâs chart strongly signals accumulation. A recent TradingView analysis labeled this zone as a âFilecoin Buy Opportunity, ATL & 2025 Bull Market,â highlighting that current volume levels have even surpassed those seen in November 2024, another major accumulation phase. In simpler terms, large players are quietly collecting FIL at deeply discounted prices.
Technical indicators back this up. On the weekly chart, FIL is holding above the EMA8 and is approaching the EMA13âa classic bullish pattern. The current support range, established around March 10, 2025, suggests a solid foundation is forming. The sentiment here isnât hype-driven but steady and confident. Itâs not about possibilityâitâs about progress.
Takeaway
If this truly is the market bottom, confirmation will only come with a breakout. Until then, the strategy remains clear: accumulate, hold, and stay prepared.