2025-12-30 08:23:48

FOLKS's performance over the past two days has indeed attracted attention. From the 13th to the 14th, the price surged remarkably, nearly quadrupling in just 48 hours. However, the subsequent trend became more turbulent — dropping from a high of 46.8 down to 3.4, a decline so significant that it warrants a reassessment.

Interestingly, after stabilizing at the bottom, the price rebounded for two consecutive days. Although it then experienced a three-day correction, the current outlook shows that the downward momentum has significantly weakened, and the price is beginning to break upward again.

From a technical perspective, a clear double bottom pattern has formed, which is often considered a reversal signal. Coupled with the current upward momentum, the opportunity for a long position seems to be emerging. At this point, choosing to go long is logically justifiable.

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SocialFiQueen

· 2h ago

Falling from 46.8 to 3.4 was a complete shock, but double bottoms are indeed interesting. Can this rebound hold up? It depends on today's volume.

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OnchainSniper

· 2h ago

46.8 dropped to 3.4... This move is really incredible. If it weren't for the double bottom pattern at the bottom, I would have already liquidated. --- Fourfold increase directly cut by 70%. Luckily, I didn't go all in. Now it feels like a rebound is coming. --- The double bottom indeed looks like a reversal signal, but I'm still a bit hesitant about this coin, after all, that last wave was too fierce. --- Wait, dropping from 46.8 to 3.4 and then rebounding? This chart makes me a bit dizzy. Can anyone clarify whether the risk of going long now is high or not? --- Thinking of going long just because the bottom has stabilized? Sure, sure, but I don't know if there will be another sharp drop. --- No wonder more people have been paying attention these past two days. This rollercoaster market definitely catches the eye. --- Double bottom pattern + upward momentum... the logic makes sense, but I still need to wait for a clearer signal before making a move. --- Just rebounded for two days and already thinking of a reversal? I don't think so. Let's keep observing.

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CounterIndicator

· 2h ago

Haha, FOLKS this move is really pulling on the nerves... quadruple rise then plunging back to bargain prices, this kind of thrill really makes me a bit scared --- Double bottom reversal? I think we should wait a bit longer, this kind of coin is too easy to dump --- My goodness, from 46.8 to 3.4, how many people did that wipe out... I really don’t dare to go long now --- Wait a minute, the bottom is stable, but can this rebound last? Honestly, it feels a bit虚 --- No matter how good the technicals look, it can't withstand a slap from the big players, better to be cautious --- Ah, if I had bottomed out earlier, I would have made a fortune by now. Now entering feels like catching a flying knife --- Reversal signal? I believe more that this is the second wave of诱多, don’t get caught, friends --- To be honest, FOLKS's chart looks like a trap...

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