When it comes to the FOLKS coin, there have been quite a few investors in the market following its trend. Previously, this variety maintained a good record of short order wins, and over the weekend, it indeed fell to around 3 dollars, which drew the attention of many. The subsequent Rebound attracted some investors to establish long positions, but the rebound strength was limited, and the quick retracement caused difficulties for those chasing the price.



There is a notable point in this market trend: investors who re-entered short positions during the Rebound have currently gained nearly 100% profit, and their positions are still held. From the performance of FOLKS, there is still strong downward pressure in the short term.

Many traders are also closely following the correlation trends of major coins such as ETH and BNB, especially the impact of the Federal Reserve's policy expectations on the entire market. If you are still waiting to see the current Rebound opportunity, this might be a good time for discussion.
ETH-0.33%
BNB-0.89%
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GasFeeVictimvip
· 12-23 08:23
It's that FOLKS coin again, those who chased the price have become dumb buyers. The short positions are well-fed, and we're still waiting at the door. $3 is already meaningless, let's see how far it can fall. What's going on with ETH and BNB? They're also following the downward trend. The Fed is going to stir things up again, and it's still us retail investors who suffer. Rebound opportunity? It looks like a bait to me... Those who made nearly 100% profit, their luck is truly exceptional.
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StablecoinEnjoyervip
· 12-23 07:48
Did the short positions win again? Why do I always miss out? Those who chased the price have all been dumped, this is the crypto world. FOLKS, does this thing still have to fall? I can't understand. The rebound is just a trap, wake up everyone. Close to 100% returns are indeed amazing, but I didn't enter a position. ETH and BNB are falling too, the whole market is uninteresting. With just one word from the Fed, our money is gone. Not losing by staying still, continuing to observe...
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DYORMastervip
· 12-23 07:47
folks this wave is indeed not going well, short positions are having a great time Those who chased the price are probably still trapped, this is the trap of the rebound With such a poor short term, when the Fed moves, the whole market shakes I'll wait and see, there are plenty of opportunities for rebounds
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notSatoshi1971vip
· 12-23 07:26
FOLKS, this wave has been blasted by short positions again, those who chased the price must have cut loss... Are the short positions still holding double profits? Amazing, I knew I should reverse my operations. The problem is that the Fed hasn't set a tone yet, and mainstream tokens can't keep up, so how to bet? The rebound means high shorts; whoever chases will die. This time, I'm bearish.
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