Slipknot:
1. Check piston seals for leakage. -take the cylinder to full extension, and remove the rod side hose (or loosen it up). Place the valve in the "extension" direction. If oil comes out of the loosened hose, then you indeed have piston seal bypass. The seals on those types of cylinders tend to be extremely cheap, and 60+ cords could easily wear a cheap seal out.
2. Could be dirt, or foreign crapola in and around the relief valve (best to follow others advice and have a gauge) and it needs to be re-set. Rarely do they loosen up for no reason.
3. Filtration (only on suction side) would probably not be the issue. If it were a suction filter (between pump and tank), and was plugged, the pump would sound like it was running full of marbles.
4. It could be that the pump is wearing out, but I wouldn't bet on it just yet.
Later.