The short-selling trend of $FOLKS is very clear, belonging to the state of 'bulls completely retreating, bears fully in control':
From the market perspective, both the 1-hour and 15-minute levels are in a continuous decline, with all moving averages showing death crosses downward; the funding side is even more severe, whether it's the 1-hour, 4-hour, or 24-hour, all showing net outflows, with main funds fleeing faster than anyone else.
In simple terms, it is now the world of bears; the previous rebound was entirely the 'last gasp of a strong bow', and now the trend has completely turned downwards. If you're short-selling, as long as you don't chase at the lowest point, it's basically a rhythm of profit-taking with the trend.


FOLKSUSDT
Perp
4.92
-6.14%