Filecoin ($FIL) has suddenly jumped back into the spotlight — up nearly 10% in just 24 hours, now trading close to $1.68.
The short-term moving averages are curling up, inflows are back in the green, and on the surface, everything looks bullish again.
But if you’ve been around long enough… you know better than to celebrate too early.
A Familiar Pattern Returns
For many traders, FIL isn’t just another coin — it’s a painful memory.
No matter how good the fundamentals or how polished the technology looks, this project has a reputation for sucking people in and then cutting deep.
I’ve been there too — and I can tell you, it’s not a pleasant ride.
Every time the story sounds perfect — “decentralized storage,” “FVM upgrades,” “AI integration” — the same thing happens:
It pumps fast, grabbing attention.
Retail piles in.
Then the harvest begins.
And the cycle repeats.
The Market’s Warning Signal ⚠️
Here’s something spooky about FIL:
When it starts to surge while the rest of the market is calm, that’s usually not a bullish sign.
Historically, whenever FIL pumps hard, the broader market tends to wobble — like it’s whispering a warning that volatility is around the corner.
That’s why some traders call it the “Doomsday Chariot.”
What Traders Should Know
Don’t get fooled by the shiny headlines or short-term green candles.
FIL has always been a trader’s market, not an investor’s safe haven.
If you understand the rhythm, it’s playable — but if you’re chasing emotion or narrative, you’ll end up holding the bag.
The truth is simple:
History doesn’t repeat perfectly, but it often rhymes.
So when you see the “Doomsday Chariot” roaring again… ask yourself:
Are you hopping on board — or stepping aside to let it pass?
