The $FOLKS chart offers a classic crypto lesson in market dynamics. đ
It took 36 days for $FOLKS to achieve an impressive 11x gain, gradually building momentum. Yet, most of that significant move disappeared in just 5 candles, approximately 5 days. This stark contrast highlights a familiar crypto pattern:
* Up moves tend to be slow and steady, building conviction over time.
* Down moves are often swift and unforgiving.
This timeless lesson is crucial for traders:
* Markets reward patience. âł
* But they severely punish complacency. â ď¸
* Always remember: unrealized profit is not actual profit.
Charts are objective. Traders often stop listening to market signals when prices are surging, leading to missed opportunities to secure gains. Stay vigilant and disciplined! đ
