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#数字资产市场动态 $FOLKS performed quite aggressively during the 13-14 rally, rising nearly 4 times from the bottom within two trading days, reaching a high of 46.8. However, the subsequent correction was equally ruthless, with the price crashing down to a low of 3.4.
From the rebound strength at the bottom, although there was a three-day correction after two consecutive days of rise, the current trend has begun to stabilize. Interestingly, the price has clearly formed a double bottom pattern at the low levels—which often indicates the accumulation of buying power in technical analysis. The current candlestick has started to break upward; if it can effectively break through the previous resistance level, the subsequent rebound space might be worth watching.