$FIL I'll wait and see first; I won't chase around 0.83. Momentum is rising, but both the price and the open interest are trending lower, so this isn't a clear confirmation of new incremental long positions.
FIL has climbed to the top of the Binance Square search list over the past ~6 hours, but in spot the last three complete 1-hour candles are 0.8365 → 0.8354 → 0.8298; meanwhile,同期 the U-margined open interest has fallen from about 53.29M to 52.77M, and the public accounts’ long ratio is around 65.3%. The price is still higher than 24 hours ago, but futures funding is pulling back—suggesting this is more about narrative heat and existing turnover rather than suitable to treat search buzz directly as buy pressure.
Catalysts also need to be separated by stage: the official Filecoin FIP repository shows that FIP-0118 Solstice is still in Last Call. Implementation and testing are underway; that doesn't mean mainnet has already started routing rewards or burning. You can trade the expectation, but execution still has to wait for the release and activation height.
I'll wait for a 15-minute volume spike and a close back above 0.8426, and also for open interest not to keep falling, then reassess for continuation. If it first pulls back to 0.8215–0.8250, then at least it needs to close back with reduced volume above 0.83. A 1-hour close below 0.8215 is a structural failure; if the rebound can't hold and stay above 0.835, I'll continue to wait.#FIL #Filecoin #DePIN #trend trading
FIL has climbed to the top of the Binance Square search list over the past ~6 hours, but in spot the last three complete 1-hour candles are 0.8365 → 0.8354 → 0.8298; meanwhile,同期 the U-margined open interest has fallen from about 53.29M to 52.77M, and the public accounts’ long ratio is around 65.3%. The price is still higher than 24 hours ago, but futures funding is pulling back—suggesting this is more about narrative heat and existing turnover rather than suitable to treat search buzz directly as buy pressure.
Catalysts also need to be separated by stage: the official Filecoin FIP repository shows that FIP-0118 Solstice is still in Last Call. Implementation and testing are underway; that doesn't mean mainnet has already started routing rewards or burning. You can trade the expectation, but execution still has to wait for the release and activation height.
I'll wait for a 15-minute volume spike and a close back above 0.8426, and also for open interest not to keep falling, then reassess for continuation. If it first pulls back to 0.8215–0.8250, then at least it needs to close back with reduced volume above 0.83. A 1-hour close below 0.8215 is a structural failure; if the rebound can't hold and stay above 0.835, I'll continue to wait.#FIL #Filecoin #DePIN #trend trading