Recently watching the Filecoin market, over the past month or so, this coin's performance is indeed intriguing. The sideways movement at the $1.48 level looks calm on the surface but is actually full of underlying currents.

First, let's talk about the chips. The $1.2 to $1.5 range has formed a clear support zone. Large addresses continue to accumulate at this price level. Although there are profit-taking orders below, the concentration of chips is very high. This is completely different from the scattered panic selling at higher levels. Breaking below $1.2? The probability is very low. With ecosystem consumption and lock-up volume in place, breaking support would be like shooting oneself in the foot—major players won't do that.

Next, looking at the volume changes, the recent characteristic is "stepwise gradual increase." It's not the kind of short-term explosive volume from sudden hype, but rather signs of gradual capital deployment. The market structure is becoming more tight, with decreasing oscillation amplitude, like a spring being compressed to the limit. The confrontation between bulls and bears has shifted into a kind of tacit energy accumulation. This pattern often indicates that a trendful move is about to unfold.

The fundamentals also support this judgment. The Filecoin ecosystem operation and lock-up situation are all in place; short-term fluctuations can't change the long-term logic. It may seem quiet now, but true gains usually come after the buildup phase is complete. Doing nothing is not an option, but rushing to chase the high isn't necessary either. This is the stage we're in.