Over the past few days, FIL has been stripped down layer by layer. Last Thursday night, a large bearish candle plunged directly from 0.86 to 0.78. I thought to myself: this is just a shakeout—after the drop, it should rebound. It did rebound, climbing back to 0.84. I finally relaxed—then nothing happened. Starting Friday night, it stopped crashing and stopped rallying—instead, it just kept dropping with one small bearish candle after another. 0.82 was gone, then 0.80, then 0.78. On Sunday night, another long bearish candle drove it straight down to 0.7189. From its high of 0.9032, the deepest drop was 20.4%. Since then, it’s slowly crawled back up. As of 5 p.m. today, it’s at 0.7568—only a 5.3% recovery from the low. The most painful part? After that big bearish candle, I thought the worst was over. But the real damage came over the next four days—each day lower than the one before. You can accept a crash. But when it grinds you down, you just have to endure it. Did you catch it around 0.72? Or did you, like me, keep thinking with each layer: “This time, it must have hit bottom”? #Filecoin #FIL filecoin:native
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