Filecoin could be gearing up for something big. The token's price action is starting to paint a bullish picture, and data suggests a potential 38% move upside could materialize in the near term. Here's what's happening under the hood: investors have been quietly pulling their Filecoin holdings off exchanges, which typically signals accumulation and conviction. Lower exchange balances often precede rallies, since fewer tokens available for sale can mean less selling pressure. Adding fuel to this setup is the upcoming Onchain Cloud launch—a catalyst that could trigger fresh buying interest. Whether we actually see that breakout depends on whether buyers step up when it matters. The pieces are there; now it's just about execution.