When analyzing the price trend of cryptocurrencies, you can't focus on just one timeframe — this is a common mistake many people make. Taking FOLKS coin as an example, by comparing the RSI, MACD, and Bollinger Bands across three key periods: 1 hour, 4 hours, and daily, we can see the true rhythm of the market.



**Daily Chart: Medium to Long Term — Bearish Dominance**

The RSI has fallen into the oversold zone below 30, which initially looks like a rebound is coming — but the problem is, there are no signs of bullish divergence (price making new lows while the indicator doesn't). What does this mean? The downtrend hasn't truly ended. The MACD still shows a death cross, and although the green bars have shrunk, the golden cross signal hasn't appeared yet, indicating that selling pressure is waning but not enough to reverse the trend. As for the Bollinger Bands, the price has already dipped below the lower band, and the channel is still expanding — a typical strong bearish characteristic. In the short term, there might be a rebound, but the medium to long-term trend remains unchanged, and the real entry point hasn't arrived yet.

**4-Hour Chart: Short-Term — Rebound Meets Resistance**

In this period, the RSI has risen from the oversold area to near 40, but it hasn't broken the 50 mark, which separates bullish and bearish momentum. This indicates limited rebound strength and little motivation for follow-through. The MACD has already shown a nascent golden cross at the low levels, and the red bars are slowly lengthening, but don't get too excited — the length is still very short, and the sustainability of the rebound is uncertain. The characteristic of this period is repeated testing at the bottom area, but lacking strong upward signals.
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IronHeadMinervip
· 10h ago
It's the same set of theories again—bottom divergence, death cross, Bollinger Bands... talking about them for so long, but we're still waiting. When will be the real entry point?
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MelonFieldvip
· 10h ago
It's the old routine of multi-timeframe analysis again. Every time, they say to look at the daily and 4-hour charts, but FOLKS still keeps making new lows...
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WinterWarmthCatvip
· 10h ago
Same old story again, the daily bearish trend is still so fierce, what’s the point of a rebound... waiting for divergence at the bottom.
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HappyToBeDumpedvip
· 10h ago
It's the same old story. I've listened to the multi-cycle analysis a hundred times, but I still have to learn the hard way to remember it.
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TopBuyerBottomSellervip
· 10h ago
The daily downtrend isn't over yet, and there's no momentum on the 4-hour chart either. This rebound is just a false alarm.
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