The recent FIL market has been quite interesting. Since the peak on the 5th of this month, the price has been on a downward trend, with a correction lasting about a week. However, it finally stopped falling yesterday, and today shows signs of a rebound, with the price breaking through the recent daily high. From the technical perspective, the downward trend is indeed reversing. Especially on the 4-hour chart, the upward momentum is quite evident. If this pace continues, there are still some short-term opportunities.
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SatsStacking
· 9h ago
Is this rebound after the decline just another routine? Are we going to have to buy in again? Haha
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SchroedingersFrontrun
· 9h ago
This rebound in FIL is quite fierce; the 4-hour chart has indeed tightened up.
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MaticHoleFiller
· 9h ago
They're starting to hype FIL again, I've seen this trick many times before.
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Lonely_Validator
· 9h ago
A rebound after a decline is just how it is; don't get too excited. Breaking the high point is not surprising.
The recent FIL market has been quite interesting. Since the peak on the 5th of this month, the price has been on a downward trend, with a correction lasting about a week. However, it finally stopped falling yesterday, and today shows signs of a rebound, with the price breaking through the recent daily high. From the technical perspective, the downward trend is indeed reversing. Especially on the 4-hour chart, the upward momentum is quite evident. If this pace continues, there are still some short-term opportunities.