FIL price reached $7.077 per piece, up 2.00 per cent during the day

Filecoin real-time price quote, FIL latest price today reached $7.077, up 2.00%, with a trading volume of $1.359 billion By analysing the k-chart, it's currently in an oscillating trend. It is more sharply up compared to 15:00, back up from 13:00 and down from 12:00. When prices fall and trading volume rises, it usually means that selling pressure in the market has increased and sellers are actively selling. This can happen because the market has become pessimistic in its expectations of future prices or has been affected by some negative news, leading to panic selling. Prices may continue to fall in the future as selling pressure is high and market sentiment is pessimistic. Investors should be wary of prices breaking below key support levels, which could trigger a sharper decline if they are breached. The market is hot, but prices are falling. The Williams Indicator points out that there is no overbought or oversold condition. Trading volume has increased recently, trading volume is higher than in the previous hours, price is falling, trading volume is rising: selling pressure is increasing. The rise could be a short-term rally, the market is still unstable, so it is advisable to remain on the sidelines and wait for a clear signal. The above is for reference only and does not constitute investment advice.