STAR

Fundamental Analysis

Introduce

FileStar has implemented a more reasonable distributed storage incentive mechanism based on Filecoin through technological innovations, refined design for economic model and governance mechanism, and has gradually evolved from distributed storage to distributed Internet incentive layer. FileStar will realize the optimal use of computing, bandwidth, and storage resources, and eventually become the physical world infrastructure for building Web3.0.

BasicInfo

Technical Analysis

Kline Data

Analysis

The data exhibits a highly volatile trading pattern over the 30-day period. There is a significant downtrend from early December to late December, with a notable drop in price. The volatility is indicated by the large daily price ranges, with a clear spike in volume around December 3rd, 4th, 5th, 6th, 12th, 13th and 15th which coincides with price movement. The recent days show a consolidation with low volatility and low volume. Price is currently sitting at the low end of the 30 day range. The lack of consistent upward momentum suggests weak buying pressure. The last two days shows a possible support or consolidation level. The overall trend is downwards with a weak showing of a potential bottom. Without additional indicators or data, the future trend remains uncertain, with a slight possibility of a rebound after the consolidation. A key observation is a clear lack of momentum indicating price is likely to stay within range.