📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Filecoin (FIL/USDT) analysis
Below is the analysis of Filecoin (FIL/USDT) using the VSA (Volume Spread Analysis) method based on 7 days price data. Price volatility over 7 days Price surge phase: Filecoin has increased from $5.62 to a peak of $6.27 in the early days of the week, indicating strong buying pressure. Price drop phase: After reaching a peak of $6.27, the price sharply dropped to a low of $4.99, reflecting significant selling pressure. Currently: The price is stable around the range of $5.20 - $5.25, showing signs of accumulation. 2. VSA Analysis A. Distribution Signs: Price peaked at $6.27 with high trading volume. The price cannot continue to rise, reflecting the large sellers (smart money) are selling off. Meaning: After distribution, the price sharply dropped to the low level of $4.99. B. Shakeout phase Signs: The price dropped sharply from $6.27 to the $5.00 range with a large fluctuation amplitude. The volume increased dramatically at low price levels, indicating that buying pressure is starting to emerge. Meaning: The market may be weeding out weak investors before returning to the accumulation trend. C. Accumulation phase Signs: The price fluctuates within a narrow range of $5.20 - $5.25 with decreasing volume. Small candlestick chart (narrow spread), suitable for accumulation phase. Meaning: The market is waiting for new momentum to break out. 4. Trading scenario Scenario 1: Upward Trend (Breakout) Signs: The price surpassed $5.30 with a surge in trading volume. Action: Buy when the price breaks resistance at $5.30. Short-term target: $5.50 - $5.70. Scenario 2: Downtrend (Breakdown) Signs: Price drops below $5.00 with high volume. Action: Sell if the price breaks the support $5.00. Short-term target: $4.80 - $4.60. Scenario 3: Accumulation continues Signs: The price fluctuates within the range of $5.20 - $5.25 with low volume. Action: Wait for a clear signal to trade when the price breaks out of this range. 5. Conclusion Filecoin is currently consolidating after a strong correction. Based on VSA, the price may continue to fluctuate within a narrow range before breaking out. Investors should: Track the volume at important levels ($5.30 and $5.00). Set clear strategies for breakout or breakdown scenarios. $FIL {spot}(FILUSDT) $BTC {spot}(BTCUSDT)