$1.18 FIL, are you still waiting?

I know how you feel right now. You open your account and see FIL drop from 1.32 back to 1.18, and someone shouting “Storage mining is already passé.” The chips in your hand are like debts from your past life—sell them, afraid it will suddenly be driven higher by AI narratives; hold them, afraid it will drop back to 0.9. But just now, the DePIN sector collectively surged, FIL jumped 27% in three days, and real on-chain storage data doubled in a year.

First look at the surface: breakout followed by a pullback, volume is still there.

In the past 7 days, up 27%; in 30 days, up 31%; market cap is 916 million; 24-hour trading volume remains at 140 million. The candlestick chart shows: three months of sideways movement + descending wedge, on May 7th a 15% bullish candle directly pierced the 1.10 ceiling. Now pulling back to 1.18, this is called a “healthy correction.”

First thing: FIL has shifted from “mining coin” to “AI data warehouse.”

Cardano’s account data has been stored on Filecoin, cross-chain storage is officially connected. Onchain Cloud mainnet launched, supporting S3-compatible API.

In the past year, active storage transactions soared from 2.1 million to 5.2 million, +147%. Daily FIL burn rate +126%, this is real deflation.

AI training datasets, enterprise backups, NFT metadata—all are moving onto FIL.

Second thing: DePIN + AI narrative is the biggest altcoin engine for 2026.

BTC remains steady at 70,000–80k, capital is seeking high-beta assets. The DePIN sector is this year’s “modular + Layer 2.” As the leading decentralized storage project, FIL stores 41 EiB of real data, the largest in the world, no doubt.

Grayscale, Multicoin and other institutions already re-listed FIL into their “core infrastructure holdings” last year.

Third thing: a “buy on divergence” signal appears technically.

Daily RSI 58-62, neutral leaning bullish, not overbought. MACD golden cross with narrowing bars, not a death cross—that’s “air support,” not “market end.” Previous resistance at 1.10 has become support, with room up to 1.30–1.42.

One side:

Storage transaction volume +147%, burn rate +126%

Cardano partnership + Onchain Cloud mainnet launched

DePIN + AI narrative is hot, sector rotation just started

Technical breakout from 3 months of sideways, volume increased by 405%

The other side:

24h down 4.5%, capital slightly flowing out

Short-term EMA7 below EMA25, bearish arrangement

Community says “just short-term hype”

You’re still worried it might drop back to 0.9

Key level 1.18, the dividing line between bulls and bears is at 1.10.

Resistance above: 1.21–1.23 → 1.30–1.42 → 1.80–2.20

Support below: 1.10 (resistance turned support) → 1.06 (neckline) → 0.90–1.00 (limit)

Short-term traders:

Wait for pullback to 1.10–1.13 to buy in batches, stop-loss at 1.06 (sell if volume drops below), first target 1.30, second target 1.42.

Swing traders:

Wait until daily closes above 1.23 before adding positions, use dynamic take-profit to hold, target 1.80–2.20. Buy some near 1.10 during the pullback.

Long-term believers:

FIL’s fundamentals have changed; it’s not the 2021 FIL anymore. If you believe AI + DePIN is the biggest track for the next three years, then below 1.10 is a golden opportunity. Keep total position under 8%, as it’s still a high-volatility asset.

FIL now is like SOL in 2023—

Everyone thought it was dead, but ecosystem data doubled, institutions quietly accumulated, technical bottom breakout. When it hits 1.5, you’ll regret not buying at 1.18. #Gate广场五月交易分享 $BTC $ETH $FIL