FOLKS has already formed clear support around 3.862, and the rebound window is opening.



From a technical perspective, a short-term double bottom pattern has emerged, and this signal should not be ignored. After the MACD bottom divergence, the red histogram has started to appear, and the moving average system also shows signs of turning, indicating that the buying momentum at low levels is clearly strengthening. This is not just a simple rebound, but a sign of funds re-entering after the previous selling pressure has been fully released.

The funding aspect is more intuitive. Contract open interest is gradually accumulating at low levels, large traders' long positions have slightly increased, and active buying has gradually eased from shrinking volume, with chips gathering at low levels. Short positions are being closed, and long positions are being built, creating a resonance.

The support level at 3.862 has been tested multiple times without breaking, and has become an effective support platform. The rebound logic is clear; although the trend has not fully reversed, short-term correction can be participated in.

In terms of operation, going long is the main idea, with a stop loss set below 3.80. The first target is at the 4.0 integer level. If it can break through effectively, it can continue to look at 4.15. Initial rebounds are inevitably accompanied by small fluctuations, which is normal. Just follow the rhythm of the technicals and funds to seize this opportunity.
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ETH_Maxi_Taxivip
· 48m ago
The double bottom just appeared and they're already bullish. I've seen this trick too many times. Can 3.862 really hold up?
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WenAirdropvip
· 01-03 08:53
3.862, this hurdle has finally been stabilized. The bears should be tired now, waiting for the rebound.
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TokenAlchemistvip
· 01-03 08:53
ngl the double bottom setup here is textbook, but let's not sleep on liquidation cascades if we breach below 3.80. classic inefficiency vector waiting to be exploited.
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LadderToolGuyvip
· 01-03 08:53
3.862 is indeed an interesting level, but whether the short-term rebound can hold steady depends on the subsequent performance.
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consensus_whisperervip
· 01-03 08:52
3.862 hasn't been broken through yet, which shows some potential. You might consider taking a short-term position.
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DefiEngineerJackvip
· 01-03 08:49
well, *actually* if you're just looking at MACD divergences without considering order flow imbalance, you're probably leaving alpha on the table tbh
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CryptoTherapistvip
· 01-03 08:45
ngl this 3.862 floor is giving major "we've hit rock bottom, time to process our trauma" energy... the psychological resistance here is *chef's kiss*
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FudVaccinatorvip
· 01-03 08:29
3.862 has never been broken before, and this time it's indeed a bit interesting. The short-term rebound potential is still visible.
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