Layer 1 · rank #84

Filecoin FIL

FIL cycle analysis · chart, confirmed lows and fundamentals

$1.04+0.7% 1d-5.0% 7d+5.4% 30d

Amber List Recovering Phoenix · monthly · score 55 mixed

73.5% below its 365-day high of $3.92 (2025-11-07), +70.6% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.63132.268.102024-052025-072026-10low 0.609 (95%)monthly trigger 0.8594
Where it stands

On the Amber List.

74% below its rolling 365-day high, 348 days after the high.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +70.6% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
2Dr 2Dr 3r 2Ug 2Ur
Confirmed low
$0.6090 · 2026-08-31
Position
2 of median 6 (max 11)
Current low
$0.6090 · confirmed
Cycle-low confidence
34% · in band
Confirmed lows
10

Weekly 1

Last bars
2Ug 1r 2Ug 1r 1r
Confirmed low
$0.7600 · 2026-09-20
Position
5 of median 5 (max 18)
Current low
$0.6090 · confirmed
Cycle-low confidence
69% · in band
Confirmed lows
46

Daily 1

Last bars
3r 2Dr 1r 2Ug 1g
Confirmed low
$1.01 · 2026-10-15 (daily)
Position
6 of median 5.0 (max 24)
Current low
$0.9933 · unconfirmed
Confirms above
$1.07
Cycle-low confidence
57%
Confirmed lows
365
The full read, in sentences
  • Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.609 (Aug 2026), month 2 of a cycle that has typically run 6. Cycle-low confidence 34%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.76 (Sep 2026), week 5 of a cycle that has typically run 5. Cycle-low confidence 69%.
  • Daily: bar is a green inside bar. Last confirmed swing low 1.01 (2026-10-15), day 6 of a cycle that has typically run 5. Current low 0.9933 is unconfirmed — it confirms above 1.07. Cycle-low confidence 57%.
  • Amber List: 74% below the 2025-11-07 high; +71% off the 365-day low.
  • Phoenix: 95% decline over 29 months, monthly swing low confirmed (next-bar), now +71% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 1.14).
  • Gauges: Mayer multiple 1.19 (neutral); -71% vs the 200-week average; -100% from the all-time high.

Has Filecoin bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the FIL snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.6090 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.7600 from 2026-09-20. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $1.01 from 2026-10-15. A newer candidate at $0.9933 is unconfirmed; its confirmation level is above $1.07, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Filecoin below its high?

The Coinbase price snapshot is 73.5% below its rolling 365-day high of $3.92 from 2025-11-07. Separately, CoinGecko reports -99.6% relative to its all-time high of $236.84 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$12.30 · Mar 2024
Trough
$0.6090 · Aug 2026
Decline
-95.0% over 29 months
Above trough
+70.6%
Monthly
confirmed (next-bar) · trigger $0.8594
Weekly
confirmed (late (3 bars))
False bottom
none
Entry
pullback #1 low $0.7600 confirmed 2026-09-27 · trigger $1.14
Score 55
decline30
confirmation25
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health42 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
10.37 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
2.35 x4.9 / 15
Size (market-cap rank)
survivorship
84 #6 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
874.0 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
301.42 x0.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
10.3 %6.0 / 10
Age on Coinbase
survived a cycle
5.9 yrs10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$882.9M
Fully diluted
$2.07B
24h volume
$91.6M
Circulating
833,303,530
All-time high
$236.84 · 2021-04-01 (-99.6%)
TVL
$2.9M (chain)
Fees 30d
$83.0K
Revenue 30d
$83.0K
Fees 1y
$2.0M
Mayer multiple
1.194 · neutral
vs 200-week avg
-70.8%
Pi cycle
0.401
On Coinbase since
2020-12-09 (2143 bars)
CoinGecko id
filecoin

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources