The Filecoin price today showed notable weakness by falling 1% during the last 24 hours of trading this December 18, 2025. The decentralized storage token reached a high of 1.26 dollars before suffering a sharp bearish reversal across major exchanges. This sudden drop contrasts with the positive performance shown by other major digital assets within the CoinDesk 20 index.
Volatility intensified notably as the Thursday trading session progressed in international financial markets for all participants. Likewise, the asset established a trading range of 0.08 dollars, which represents more than 6% of its total market value currently. Trading volume jumped 19% above the weekly average due to the intense institutional interest recorded throughout the day.
The technical analysis model revealed that the peak volume reached 6.36 million tokens during the initial and brief rally. However, the asset encountered insurmountable resistance near the 1.266 dollars mark before collapsing rapidly during the final hour. The final price action showed an accelerated liquidation that drove the coin’s value down to the 1.20 dollars level.
Institutional selling pressure dominates the technical behavior of the storage asset
Institutional investors appear to have led the massive selling phase following the failed attempt to overcome the mentioned resistance levels. On the other hand, volume spikes exceeding 497,000 tokens confirmed the capital outflow at critical technical support levels for the token. The drop through multiple support zones suggests that sellers have full control of the current market in the short term.
The market structure remains within a defined range despite the sharp correction recently experienced by the storage asset. In addition, a trading floor appears to have emerged near 1.207 dollars, coinciding with the session range lows previously analyzed. This technical support level is fundamental to determining if the asset will manage to stabilize during the next coming hours.
Can Filecoin regain its strength against competition in the decentralized storage sector?
Filecoin’s underperformance relative to the rest of the market generates some concern among traders looking for short-term profitability today. Indeed, while the global crypto market rose by 0.2%, this asset lost ground in a significant and worrying way. The lack of sustainability at higher levels indicates a structural weakness that could prolong itself in the days to come.
Finally, digital economy analysts suggest closely monitoring the support zone established between 1.201 and 1.207 dollars in the market. Therefore, a break below this range could intensify bearish pressure and force further chain liquidations for many leveraged traders. The immediate future of the asset will depend on its ability to once again attract the interest of large institutional buyers.
