#美国就业数据表现强劲超出预期 FOLKS Is there still room for this round of decline to continue? The answer is yes.
From the data, on the 14th, FOLKS was still standing at the $46 mark, but just three days later, it dropped to around $7 — this is not a mild correction; it’s a rapid and sharp decline. Retail investors are still pondering "Is this a bottoming opportunity," but the fact is that the main players have already offloaded their chips at high levels. Currently, those holding the ground are mostly trapped FOMO traders.
From a technical perspective, the $7 level has some support, but once it’s broken through, $6.6 will become the next target. Every time a support level is breached, it accelerates the next round of selling. This is the power of the trend — the further down it goes, the more intense the selling pressure.
The current strategy is quite clear: as long as there are no signs of a trend reversal, the bearish mindset should be maintained. Only when support levels are no longer broken frequently will the accelerated decline gradually subside. This is a standard trend-following approach, not a risky bottom-fishing gamble. Patience is needed to wait for the opportunity to take profits.
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NestedFox
· 2025-12-20 11:27
Falling from 46 to 7? Wow, that’s only a few days, and yet another farm of high-position bagholders.
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Damn, the bottom-picking traders are about to get cut again. This rhythm is all too familiar.
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If it doesn’t break 7, there’s still hope. Once it drops below 6.6, it’s just the floor price. No doubt about this bearish outlook.
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The main players have already run away. Those still holding are just cannon fodder. I told you, this is a big trap.
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The trend is so ruthless. Support levels are collapsing one after another, and the bears are completely dominating the rhythm.
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Another "bottom-fishing opportunity"? Wake up, everyone. The bottom is always at the next support level.
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This round, FOLKS really can’t handle it. 7 dollars is just a illusion; there’s more room to fall.
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LoneValidator
· 2025-12-17 13:02
From 46 to 7, in just three days, a complete wipeout... Retail investors are still dreaming of bottoming out, while the main players have already fled without a trace.
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AltcoinTherapist
· 2025-12-17 12:57
46 to 7, a direct 50% drop in three days... the main force is really ruthless, retail investors are still dreaming
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Another "bottom-fishing opportunity," I'm done, it's all trapped orders holding on for dear life
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The bears keep eating up, support levels break one after another, this rhythm never ends
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See you at 6.6, once the trend starts, it won't stop
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Waiting for a reversal signal? Brothers, you'll have to queue up, not sure how long you'll wait
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Those who dumped at 46 high are the last to laugh, and the ones taking over are all cannon fodder
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NFTArchaeologis
· 2025-12-17 12:54
From 46 to 7, just like that in three days... This kind of decline is a bit similar to the fate of some early NFT projects. Once the hype fades, they become riddled with issues. The tactics used by the main players are actually quite old-fashioned; change the era, change the assets, but the tricks haven't changed.
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SolidityStruggler
· 2025-12-17 12:48
From 46 to 7, just three days and it's already like this? The main force's tactics are indeed incredible. While retail investors are still struggling to catch the bottom, I just laugh.
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It's the same situation of being caught in a trend-following trap. Once the support level is broken and broken again, you should understand that the trend has reversed.
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Maintaining the short position is fine; just wait for that reversal signal. No need to rush.
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FOLKS, this drop feels a bit too fast. It seems like there’s still more to come.
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If the $7 level doesn't break, there's still hope. Once it falls below $6.6, the next stop is definitely coming.
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Basically, don’t gamble on the bottom. Just follow the trend, and that’s it.
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This kind of dumping rhythm is getting more intense. It looks like the bottom is still far away.
#美国就业数据表现强劲超出预期 FOLKS Is there still room for this round of decline to continue? The answer is yes.
From the data, on the 14th, FOLKS was still standing at the $46 mark, but just three days later, it dropped to around $7 — this is not a mild correction; it’s a rapid and sharp decline. Retail investors are still pondering "Is this a bottoming opportunity," but the fact is that the main players have already offloaded their chips at high levels. Currently, those holding the ground are mostly trapped FOMO traders.
From a technical perspective, the $7 level has some support, but once it’s broken through, $6.6 will become the next target. Every time a support level is breached, it accelerates the next round of selling. This is the power of the trend — the further down it goes, the more intense the selling pressure.
The current strategy is quite clear: as long as there are no signs of a trend reversal, the bearish mindset should be maintained. Only when support levels are no longer broken frequently will the accelerated decline gradually subside. This is a standard trend-following approach, not a risky bottom-fishing gamble. Patience is needed to wait for the opportunity to take profits.