Crazy pump, who is benefiting?

From the data, Filecoin indeed shows a "prosperity": the MACD has formed a golden cross, short-term moving averages are aligned upwards, and trading volume has surged, everything seems to point towards a continued rise. However, if we look deeper, we find that the RSI has entered the extremely overbought area, and market volatility has sharply increased - this is often a strong signal that a price correction is imminent.

What is even more concerning is that despite the sharp rise in price, the holding concentration of Filecoin is very low. This seems to indicate "broad market participation," but in reality, it reflects a lack of long-term positioning by large funds, more like the short-term following of retail investor sentiment being ignited. In other words, this surge is likely not a return to value, but rather an "emotional pump game" driven by sentiment.

Typical characteristics of the end of a bull market?

Experienced players know that when some non-mainstream coins suddenly soar wildly at the end of a bull market, it is often not the beginning of a trend, but rather the "last hurrah" before the end. At this time, market sentiment is fully mobilized, retail investors rush to buy at high prices, while the big players quietly offload their positions, squeezing out the last bit of liquidity from the market.

The recent surge in Filecoin occurred precisely during a sensitive period when the overall market was at a high, and the rotation of funds was nearing its end. At this time, the pump cannot be ruled out as being driven by certain individuals utilizing the hot narrative of "AI + decentralized storage" to attract unsuspecting investors to take over.

Not being attached to battles, not being greedy, and taking profits in a timely manner is the best strategy.

What should we do in the face of such a market situation?

Remember a principle: do not chase highs, do not be greedy, do not cling to battles.

Filecoin and similar cryptocurrencies are highly volatile and show significant signs of manipulation. Once the sentiment declines, a steep drop is likely to occur. If you already hold them, consider taking profits in batches during this pump; if you haven't entered the market yet, please remain calm and do not become someone else's "chives" being harvested.

Conclusion: The excitement is theirs, the clarity is yours.

The market never believes in tears or myths. The surge of Filecoin seems like an opportunity, but in reality, it is a test - a test of whether we can maintain rationality amid the noise and protect our capital in the midst of madness.

In the later stage of a bull market, the more lively it is, the more vigilant you should be. Don't let a temporary increase blind your judgment of risk. $FIL ‌#广场发币瓜分千U奖池