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FIL (Filecoin) 24-hour amplitude at 21.6%: AI storage boom and surge in trading volume drive rebound

FIL (Filecoin) 24-hour amplitude at 21.6%: AI storage boom and surge in trading volume drive rebound

Bitget PulseBitget Pulse2026/05/08 23:12
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By:Bitget Pulse

Volatility Overview

In the past 24 hours, FIL's price rebounded from a low of $1.073 to a high of $1.305. The current price is $1.286, with a fluctuation of 21.6%. Trading volume expanded significantly, with CoinGecko reporting $378 million and CoinMarketCap reporting $220 million, both surging far above the average level.

Brief Analysis of the Price Move

- Trading volume and open interest soared: Trading volume skyrocketed by 405% in 24 hours, open interest Delta surged by +1.05 million, and the price broke through the $1.10-$1.15 resistance zone.

- Overflow in AI storage demand: AI storage trading demand is spilling over from the U.S. stock market (such as SanDisk's monthly surge of 94%) to the crypto market, pushing FIL up 15% in a single day.

- Consensus Miami 2026 Event: The Consensus Miami event on May 7 (confidence 100%) attracted attention, coupled with Filecoin ecosystem TVL reaching 34.3 million FIL.

Market Outlook and Perspectives

Community sentiment has turned bullish. Discussions on the X platform mention FIL's 25% monthly gain, reclaiming the $1 mark and breaking above the 4-day descending wedge. Analysts set targets at $2.94-$11.40; BITmarkets predicts a bull market kickoff but warns of potential pullback risk at the $1.16 resistance level.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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