Can the short position of $FOLKS still be held?
Sister Yu emphasizes the important matter three times:
Hold on, hold on, hold on, this coin Sister Yu still sees as bearish.
In the previous blog post, Sister Yu clearly stated in a conversation with fans that as long as the price does not break through and stabilize above $8, I will patiently hold the short position.
Looking back at the market now: there is a rebound, but the strength is obviously insufficient; when the price is raised, it gets hit down, indicating that there is still heavy selling pressure above. This is not a trend reversal, but a normal pullback during the downtrend.
Sister Yu's short position is still in hand, the direction has not changed, the logic has not changed, and the strategy has not changed; continue to hold and patiently wait for the market to provide results.
