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FOLKS's recent trend has indeed attracted attention. In just over 20 days, it has fallen by as much as 93%. After hitting the bottom on the 8th of this month, it surprisingly surged by 7 points within two minutes last night. Such a sudden spike clearly isn't something retail investors can orchestrate; there must be large funds behind the scenes.
Interestingly, after this surge, the price retraced. It seems that the market makers aren't aiming to push it to the sky all at once but are instead testing the waters, then stopping their actions. As a result, impatient small investors started to exit one after another, and a sense of fatigue spread through the market.
There's a logic here: when most retail investors have exhausted their patience and start to cut losses, it could actually be a sign that the market makers are preparing for a big move. Based on this rhythm, there should be a noticeable rally within two to three days. Of course, this is just an assessment based on the current trend; the actual performance will depend on subsequent market movements.