FOLKS' performance in the past hour has been quite interesting. The price surged to 4.054 then retreated to 3.899, appearing somewhat weak, but upon closer inspection, this may not be a top signal.

From a technical perspective, the BOLL bands are tightening, with the upper band at 3.929 and the lower band at 3.667, and the price repeatedly pressing near the middle band. This highly contracted pattern often indicates an imminent breakout. The MACD also shows subtle signs, with DIF and DEA hovering near the zero line, and the histogram indicating diminishing bearish momentum—classic signs of accumulation.

On-chain data is even more revealing. Over the past 24 hours, I noticed three large addresses continuously accumulating in the 3.65-3.75 range (single transaction > $100,000), while exchange holdings are steadily flowing out. The combination of these phenomena suggests smart money is accumulating at low levels, while retail panic selling is being absorbed by whales.

There are also updates on the news front. The project team will officially announce a partnership with a leading Layer2 ecosystem this week. Internal sources indicate that technical integration is in the final stages. Once announced, the ecosystem synergy and the resulting capital and traffic could directly boost FOLKS' valuation.

From a trading perspective, the 3.85-3.90 range is a key support zone. As long as it holds, it’s a good opportunity to buy. If the main force pushes down to 3.65-3.70, that’s the time to add positions. On the upside, first target 4.30, and after breaking through, aim for 5.0. The strategy is simple: buy in stages at current prices, stop-loss below 3.65, add positions on a break above 3.95, hold the trend, and only exit for a 30% profit.