Filecoin (FIL) experienced a 7.3% decline over the past 24 hours, falling below the crucial $1.43 support level to settle at $1.38. This drop came after a failed attempt to breach the $1.52 resistance level, which intensified selling pressure. Trading volume surged 85% above the average, with the price stabilizing around $1.37. The selloff was led by DePIN tokens, and the broader market also saw declines, with Bitcoin slipping below $91,000. The CoinDesk 20 index fell by 3.4% as market sentiment shifted towards risk aversion.