FOLKS's recent trend has indeed attracted attention. In just over 20 days, it has fallen by as much as 93%. After hitting the bottom on the 8th of this month, it surprisingly surged by 7 points within two minutes last night. Such a sudden spike clearly isn't something retail investors can orchestrate; there must be large funds behind the scenes.
Interestingly, after this surge, the price retraced. It seems that the market makers aren't aiming to push it to the sky all at once but are instead testing the waters, then stopping their actions. As a result, impatient small investors started to exit one after another, and a sense of fatigue spread through the market.
There's a logic here: when most retail investors have exhausted their patience and start to cut losses, it could actually be a sign that the market makers are preparing for a big move. Based on this rhythm, there should be a noticeable rally within two to three days. Of course, this is just an assessment based on the current trend; the actual performance will depend on subsequent market movements.
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rugpull_ptsd
· 15h ago
93% drop and you held through it, now thinking about cutting losses? Uh...
Let the whales test the waters if they want, anyway I've already been beaten numb
Two or three days? I'd bet it won't recover in a month either, honestly
Watching others panic sell makes me laugh, what's meant to come will come eventually
This wave really is a test of patience, not something the average person can handle
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DeepRabbitHole
· 15h ago
Uh, is it the same old story again? Market makers testing the waters, retail investors getting burned, signs of a big move... I've heard it too many times.
A rally for two or three days? I bet this thing will keep getting hammered.
Who dares to buy the dip after this 93% drop?
Just 7 points and you're all so excited, hilarious.
Wait, could this be another new trick to cut the chives?
Does anyone really believe that market makers will be polite to retail investors?
I just want to know, can it still drop 99% after hitting the bottom?
Counter-operations might be more stable, anyway I don’t understand it.
Two minutes to gain 7 points, then it crashes—this is just the style of the main players.
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TxFailed
· 15h ago
nah this is classic pump trap territory honestly. seen this exact playbook like five times, always ends the same way lol
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GasFeeTherapist
· 15h ago
93% decline would drive anyone crazy. Now this rebound is just fishing.
I'm already tired of the market makers testing this strategy; they play it the same way every time.
Let's wait and see, the real show is just beginning.
Two or three days? I bet five bucks we'll see a sharp drop again tomorrow.
Retail investors often sell at a loss just when it's the right time to buy, but I'm still hesitant.
This market now is a psychological battle—who will collapse first?
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FlyingLeek
· 15h ago
The 93% decline is indeed astonishing. This round of testing is clearly for accumulation.
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A 7% rise in two minutes? It’s definitely big players shaking out the weak hands. Retail investors, don’t panic.
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Feeling tired might actually be a buying signal? I need to think this through carefully.
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If the price doesn’t move in the next two or three days, I’ll admit defeat.
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The more people cut losses, the bolder the market makers become. That’s just fate.
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A bottom rebound isn’t scary; what’s scary is when you’ve run out of bullets.
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Just testing the waters, but I’m afraid this test might lead to a deep plunge.
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Those without patience can leave; the rest are just gamblers.
FOLKS's recent trend has indeed attracted attention. In just over 20 days, it has fallen by as much as 93%. After hitting the bottom on the 8th of this month, it surprisingly surged by 7 points within two minutes last night. Such a sudden spike clearly isn't something retail investors can orchestrate; there must be large funds behind the scenes.
Interestingly, after this surge, the price retraced. It seems that the market makers aren't aiming to push it to the sky all at once but are instead testing the waters, then stopping their actions. As a result, impatient small investors started to exit one after another, and a sense of fatigue spread through the market.
There's a logic here: when most retail investors have exhausted their patience and start to cut losses, it could actually be a sign that the market makers are preparing for a big move. Based on this rhythm, there should be a noticeable rally within two to three days. Of course, this is just an assessment based on the current trend; the actual performance will depend on subsequent market movements.