#以太坊行情解读 $FOLKS is now showing obvious signs of fatigue. Looking at the daily chart, the price has forcibly broken through a key support level, with hardly any rebound signals, and it is likely to continue downward.



On-chain data clearly indicates the issue—funds are continuously flowing out, especially large holdings are fleeing. This means that the main capital has quietly withdrawn, and retail investors taking over is unlikely to sustain a big market move. Although many are still bottom-fishing and waiting for a reversal, the current market structure suggests that a significant rally in the short term is unlikely.

At the current pace, the 5.5 level is very likely to become the first line of defense. Once this point is reached, the market reaction will be crucial.

For friends holding $FOLKS positions, the key is not to be carried away by emotions. Set stop-losses properly and manage risks diligently. When the market is uncertain, blindly chasing gains or holding on stubbornly can easily lead to losses. Also, keep an eye on the movements of $BTC and $SOL, as their trends have a significant impact on the overall market rhythm.
BTC0.13%
SOL-0.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SelfMadeRuggeevip
· 12-20 00:51
Large holdings are escaping? Then I, as a retail investor, am probably trapped and stuck, having to hold on until 5.5.
View OriginalReply0
PerpetualLongervip
· 12-19 23:35
Shorts are probably the retail investors' suckers, right? I went all-in at 5.5 to buy the dip. This time, I will definitely break even.
View OriginalReply0
GateUser-e87b21eevip
· 12-18 04:20
Large holdings are all selling off, retail investors are buying in, this game isn't looking good.
View OriginalReply0
WhaleInTrainingvip
· 12-18 04:19
The main players have withdrawn, retail investors are holding on tightly, this situation... see you at 5.5 Another drama of the sucker being caught, really dizzying Setting stop-losses properly is the key, don't be fooled by the price Large positions are all fleeing, this signal can't be ignored Now chasing FOLKS is just betting on a reversal, the odds are not very optimistic Capital outflows are so obvious, the rebound is quite difficult Rather than holding on stubbornly, it's better to exit first, Bitcoin and SOL are more worth watching Breaking 5.5 is the real problem, we still need to be patient and wait
View OriginalReply0
GhostWalletSleuthvip
· 12-18 04:14
The main force is running really fast, retail investors are still waiting foolishly for a reversal, see you at 5.5.
View OriginalReply0
RugDocDetectivevip
· 12-18 04:13
Large holdings are all selling off, retail investors are still buying at the bottom, this situation is indeed tense.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)