$FOLKS The current trend has shown a strong downward trend, are you still hesitating?
From the daily chart, the current price has broken through the key support level, lacking effective rebound signs, and is expected to continue fluctuating downward. On-chain capital outflows are very evident, especially the withdrawal of large funds, indicating that the main players have withdrawn from the market, and funds are gradually flowing to other assets. Meanwhile, some retail investors still hold hope, attempting to wait for a rebound by chasing prices, but based on the current market structure, the likelihood of a significant rise in the short term is low. Given the current situation, 5.5 may become a short-term support level, serving as the first target price. Once it reaches that point.
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