We have tracked this coin several times. We shorted around 5.08, and then shorted again later. I was actually planning to continue, but the price just went down and there was no execution.
To be honest, never hold a large position long on this coin. Based on our observations, the main force behind the coin has already shown clear signs of manipulation, and their tactics are quite ruthless. If you can't see through their rhythm, it's easy to get caught.
For FOLKS, either wait until you understand it clearly before taking action, or just don't touch it. The risk factor is indeed quite high.
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05PoorKid
· 12-19 11:47
Later, it will go to 0.x, refer to AIA
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ArbitrageBot
· 12-19 10:52
The main force's tactics are indeed ruthless. I've fallen for this trick before... If you can't understand the rhythm, it's better not to touch it.
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YieldFarmRefugee
· 12-19 10:52
The main force's technique is really brilliant. I was thinking of bottom fishing a couple of days ago, but after seeing your analysis, I immediately dismissed the idea.
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MEVHunterX
· 12-19 10:52
The main force is just a harvesting machine. I've looked at this coin a few times, and the tricks are too deep.
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CoffeeNFTs
· 12-19 10:45
The main force's tactics are indeed ruthless, and I also think the FOLKS market is too deep.
We have tracked this coin several times. We shorted around 5.08, and then shorted again later. I was actually planning to continue, but the price just went down and there was no execution.
To be honest, never hold a large position long on this coin. Based on our observations, the main force behind the coin has already shown clear signs of manipulation, and their tactics are quite ruthless. If you can't see through their rhythm, it's easy to get caught.
For FOLKS, either wait until you understand it clearly before taking action, or just don't touch it. The risk factor is indeed quite high.