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$FOLKS this round of market movement is quite interesting. After the bottom rebound the day before yesterday, although the daily chart shows some pressure today, the 15-minute chart looks pretty good—someone bought in at 4.03 after the decline, and then it quickly stabilized. Such a pullback is quite common, and many traders believe this is the main force doing a shakeout, which is the final test before the players jump in.
From a technical perspective, this is indeed a position to consider entering. But don't be too aggressive; usually, there will be a small fluctuation before a rally to shake out some chips. If done correctly, the returns won't be bad, but the premise is to be responsible for your own position and risk management. If you're not optimistic about this trend, shorting is also an option, as long as you have a clear trading plan.
Let the shakeout happen; anyway, I have already reduced my position. Let's see if I can catch the bottom.
Speaking of these small fluctuations, they are more exhausting than a rally. It's better to wait for a breakout before entering.
I still have some FOLKS left. I feel optimistic about this wave, but I need to leave enough risk capital.
What does the daily resistance mean? The 15-minute chart is indeed accumulating energy. I'm a bit tempted to chase the high; what should I do?
I don't dare to be too aggressive. Last time, being aggressive almost led to liquidation. The lesson is deep.
I've heard too many stories about the main force shaking out positions; whether this is real or not is still uncertain
Trying with a small position to get a feel is okay, but don't go all in, brother
See if it can break through the previous high before taking action, it's not too late
Let the shakeout happen, anyway my stop-loss has been set long ago
I've seen this kind of fluctuation many times, the key is to stick to your position plan
It looks comfortable but don't be greedy, making small profits steadily is better than risking big for big gains
Honestly, I only look at the short-term 15-minute chart, the details on the daily chart are a bit annoying
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Is it a shakeout or distribution? Let's see how the daily chart performs tomorrow
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I just want to know who bought in at 4.03, and what kind of feeling they have now
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Small oscillations to wear down the chips? Feels like this phrase is everywhere now, always said like this
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Tired of hearing "don't be aggressive," but in the end, you still have to take a gamble
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Risk management responsible? Ha, if it were truly possible, we wouldn't be watching K-lines here
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FOLKS, with this rhythm, it feels like it needs to shake a few more times before really moving
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Going short is also possible? That means anything goes, it all depends on luck
Shaking out, shaking out, still the same rhetoric, I still believe in a rebound
Whether it can really break through this time depends on the volume afterward
But on the other hand, risk management must keep up, don't lose everything
If FOLKS rises this time, those who got in early will all make a profit
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Shakeout, shakeout, every time it's about shakeout, but what’s the result?
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It sounds nice, but we still have to see how it develops later
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This small fluctuation theory has been heard too many times, can FOLKS give us some surprises?
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Those with a trading plan, please raise your hand. I don’t have one
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What’s the use of a 15-minute chart looking good? Tomorrow a single bearish candle will make it all pointless
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Everyone who’s involved in this wave has to bear it. What are they gambling on?
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Who doesn’t know risk management? The problem is, no one does it when losing money
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Chips are being worn down, wallets are being worn down, same thing
I've heard the washout tactic too many times; still, volume speaks louder
When there's a crowd, it's easy to get cut; stay calm
This analyst's points are good, just don't fall for the tricks
Can FOLKS break new highs this wave? It's a bit uncertain
Wait, am I about to be washed out again? But this time I learned to be smart, hold my position firmly.
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Honestly, looking at the 15-minute chart makes me a bit itchy, but the painful lesson from last time's aggressive move is still fresh.
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Risk management is easier to talk about than to do. I'll first see if 4.03 can be tested again.
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No rush, no rush. Anyway, if there's a shakeout, just shake it out. If the main force wants to mess around, let them. I'll just wait quietly.
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This round's rhythm feels pretty good, but I'm still scared. I'll wait a few days before making a move.
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To the guys who dared to buy at 4.03, I really respect you. I can't learn this mindset.
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Making the right moves isn't bad in terms of returns? Then what am I doing this year? Am I always doing wrong? Haha