Seeing FIL drop to the 1.6 price level, many people think it's cheap, but a low price and someone buying are two different things. Just like the real estate market, the cheaper the item, the less liquidity it often has.

The problems FIL faces are not just about the price. From a fundamental perspective, even the best technical projects are useless if there is no market demand—contrast this with some MEME coins, which have little technical content but still rise rapidly, which is worth pondering. To put it simply, market valuation is not necessarily proportional to technical strength.

FIL may experience a rebound in the short term, which is normal—there's always a bounce after a big drop. But from a long-term perspective, if ecosystem applications remain weak and market enthusiasm continues to cool, the price could face deeper declines. This is not based on technical judgment but on market reality: no matter how good the project is, if no one is willing to buy, it’s a deadlock.