$FOLKS Let's talk about volume-price analysis. First, looking at the price bar on the daily chart, there is an upper shadow. At the same time, a huge volume is released at the bottom. From the perspective of volume-price analysis, the $7.5 position will be a high point for the upcoming week.

In the book on volume-price analysis, the upper shadow is described as follows: it's like a car that has exhausted all its strength but still cannot move, and the wheels are slipping.

When placed on the candlestick price bar and volume bar, the largest volume results in an upper shadow.

Regarding the prediction of the upcoming trend,

First, optimistically, such a large volume indicates that the bulls are definitely consuming.

Second, as the upper shadow is not particularly long and the volume is large, we will observe whether the main force will reduce volume and create a shaking plate or continue to rise, or continue to fall and create new lows (the spot price is 2.18).

If it continues to fall, pay attention to changes in trading volume. Once a candlestick with relatively low trading volume appears, start focusing on positioning.

If it rises, pay attention to whether it can break through $7.5. If it falls, pay attention to these two prices: 2.18-3.4, while also considering the Fibonacci sequence time cycles 1-1-3-5-8-13-21-34-55. This number is calculated by days. When encountering abnormal trading volume and it is also close to the Fibonacci sequence time cycle, and it approaches price support, then start focusing on positioning for the bulls.