#战略性加仓BTC $FOLKS this round's trend is quite interesting. The surge on the 13th-14th was fierce, nearly quadrupling in two days. Then it rapidly fell back, dropping from the high of 46.8 to 3.4, which was indeed a shocking decline. However, after hitting the bottom, a rebound occurred, rising for two consecutive days, followed by a three-day adjustment period. The current situation is that the price has stopped falling and has begun to gently rise.
From the chart, the bottom has formed a clear double bottom pattern, which usually indicates that the bullish forces are gradually accumulating. Currently, the price is breaking upward, and this signal is still somewhat attractive to the long side.
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BearEatsAll
· 4h ago
A fourfold increase followed by a tenfold drop—this move is really something... But the double bottom is indeed interesting; let's see if it can really hold up.
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PumpBeforeRug
· 4h ago
Wow, FOLKS, this roller coaster ride, dropping straight from 46.8 to 3.4, how strong must your heart be to withstand it?
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InscriptionGriller
· 4h ago
It's another fourfold rise and fall, a typical trap for new investors. I can see through this pattern with my eyes closed. Double bottom formation? Ha, after one round of profit-taking, they'll come back for another round.
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Falling from 46 to 3 dollars, this is the standard move of a Ponzi scheme. Don't be fooled by any double bottom patterns, stay alert, brother.
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Gentle upward movement? Wake up, this is just the prelude to a trap. I bet five dollars that the project team has already run away.
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You dare to touch something that doubles in value in two days? Are you tired of living?
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Have you checked on-chain data? Large investors have already dumped their holdings. Entering now is just waiting for the final blow.
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Double bottom, huh? Then I'll wait to see the third drop. Technical analysis is worthless in the face of market capital.
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This coin looks like a perpetual zero-returner. Don't be blinded by the rebound.
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FUDwatcher
· 4h ago
46.8 drops to 3.4? Oh my, this roller coaster is too exciting. The double bottom pattern does look a bit interesting, but I still want to wait and see if it can drop a bit more.
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FOMOrektGuy
· 4h ago
I've seen this double bottom breakout routine many times, just worried it's a false breakout again... Going from 46.8 to 3.4 is really shocking. This coin is either cutting leeks or on a roller coaster.
#战略性加仓BTC $FOLKS this round's trend is quite interesting. The surge on the 13th-14th was fierce, nearly quadrupling in two days. Then it rapidly fell back, dropping from the high of 46.8 to 3.4, which was indeed a shocking decline. However, after hitting the bottom, a rebound occurred, rising for two consecutive days, followed by a three-day adjustment period. The current situation is that the price has stopped falling and has begun to gently rise.
From the chart, the bottom has formed a clear double bottom pattern, which usually indicates that the bullish forces are gradually accumulating. Currently, the price is breaking upward, and this signal is still somewhat attractive to the long side.