FOLKS has recently shown an interesting trend. After dropping from the all-time high of 46.998, it fell more than 90%. That period was indeed tough. But there has been a recent change—on December 13th, it suddenly surged by 123%. Although the increase looks alarming, such a rebound from a deep bottom is quite normal.

Currently, the price is around 3.915, with a 24-hour increase of 4.01%, a trading volume exceeding 14.91 million USDT, and a trading volume of 3.91 million. These data indicate that there are still market participants paying attention.

From a technical perspective, the bottom seems to be stabilizing. For trading strategies, consider building positions gradually within the 3.66 to 3.88 range to see if a buying interest accumulates. The bullish momentum is slowly releasing, and the rebound trend is building. Of course, for assets that have experienced such a deep correction, they might test the bottom again before rebounding, so be mentally prepared. Whether you can seize this wave of market opportunity depends on the performance in the next few days.