$FOLKS: A Classic Crypto Chart Lesson 📉

The $FOLKS chart offers a valuable crypto lesson. It surged 11x over 36 days, gradually building momentum and attracting FOMO. However, this impressive gain largely vanished in just 5 candles, illustrating how quickly market sentiment can reverse. ⏳

This pattern is a recurring theme in cryptocurrency markets. Upward movements often unfold slowly and methodically, building conviction over time. In stark contrast, downward corrections tend to be swift, aggressive, and unforgiving, catching many off guard. ⚡

The core lesson remains simple yet timeless:
Markets reward patience.
They relentlessly punish complacency.
Always remember, unrealized profit is not actual profit. 🔑

Charts provide objective truths; it's when traders disregard these signals during price surges that mistakes are made. Stay vigilant and analytical. 📊