$FIL Filecoin network releases about 280,000 FIL daily, with an annual inflation rate close to 15%, while the daily destruction amount is only about 7,000 FIL, accounting for less than 1%. The market has long been in a state of oversupply. A large amount of FIL is released into the market, creating significant selling pressure, leading to continuous price declines. Miners, in order to pay for electricity and maintenance costs, are also forced to sell FIL, which further exacerbates the market's selling pressure, creating a vicious cycle of 'the more it falls, the more it is sold, and the more it is sold, the more it falls', making retail investors pessimistic about the prospects of FIL.
So let's take a small position to short and play around.
