The latest evening report from Gate.io: FIL price reaches $7.116 per coin, with a daily increase of 2.02%.

BOSS Wallet data source, the latest price message of FIL, FIL real-time price pumped by 2.02% to $7.116, volume $12.78 billion

After analyzing the candlestick chart, it is found that the current trend is oscillating. Compared to a significant decline at 15:00, there has been a rebound compared to 09:00. When the price falls and the volume rises, it often means that the dumping pressure is increasing and sellers are actively selling. This situation may be due to the market's pessimistic expectations for future prices, or the impact of negative news, causing panic dumping. Future prices may continue to decline because of the significant selling pressure and pessimistic market sentiment. Investors should follow whether the price will fall below the key support level. If the support level is breached, it may trigger a larger decline. Price is going down and selling pressure is increasing. The Williams indicator shows that there is no Overbought or Oversold state at present. Recently, the volume has increased, and the volume has increased compared to the previous few hours, causing the price to drop. Volume rise: Selling pressure is increasing. Market fluctuation, it is recommended to hold positions cautiously, follow key support levels, and avoid blindly increasing positions.

The above content is for reference only and does not constitute investment advice.