filecoin:native fell 1.66% in 24 hours. Open interest dropped by nearly $11M. This looks like leverage leaving the market — not fresh shorts piling in. At 16:00 on September 3: ▎FIL price: $0.7836 ▎Open interest: $202.54M At 16:00 on September 4: ▎FIL price: $0.7706 ▎Open interest: $191.56M Price fell by 1.66%, while open interest declined by approximately $10.98M, or 5.42%. When price and open interest fall together, the move is generally consistent with positions being closed and leveraged longs reducing exposure. The next area to watch is $0.7659–$0.7700. If FIL holds this zone and open interest stabilizes, the market may be completing a leverage reset. If support fails while open interest continues to fall, deleveraging may not be over. Price is lower. Leverage is leaving. Now watch whether buyers return after the reset. Data: AiCoin Not financial advice. #Filecoin #FIL #OpenInterest #CryptoTrading #AiCoin(AiCoin)