Filecoin spikes as greed resurfaces
$FIL surged 9.3% in the last 24 hours, breaking above $1.17 and hitting $1.18. The move aligns with a Fear & Greed reading of 64, indicating bullish sentiment.
My view: a short‑term rally driven by speculative buying rather than fundamental shifts. Keep an eye on volume; a dip back toward the $1.06 low could test the upside.
💬 How do you see the current greed level influencing $FIL’s next move?
$FIL surged 9.3% in the last 24 hours, breaking above $1.17 and hitting $1.18. The move aligns with a Fear & Greed reading of 64, indicating bullish sentiment.
My view: a short‑term rally driven by speculative buying rather than fundamental shifts. Keep an eye on volume; a dip back toward the $1.06 low could test the upside.
💬 How do you see the current greed level influencing $FIL’s next move?