The recent trend of FLOKS is indeed a bit tense. In the past hour, nearly 94,000 FLOKS (equivalent to about $540,000) have been directly dumped into the centralized exchange by large investors, which is not a small amount. More importantly, there is still a wallet holding chips worth $720,000, which could be unleashed at any time. What does this signal usually mean? Selling pressure is still brewing.

From the performance of the K-line, the technical aspect has already broken below the key position of 5.58, and is now hovering around 5.12. There is considerable resistance above, with 6.23 becoming a tough nut to crack. Looking down, 4.6 is the first layer of support, and 3.8 is a stronger defense line. Once it breaks below 4.6, it is highly likely to continue testing downward.

The values of MACD and RSI appear to be weak, and there are clear signs of continued capital outflow. The short-term market sentiment leans bearish. In this environment, the rebound strength may not be very strong.

**How is the situation?** The probability of continuing to decline tonight is indeed quite high. The selling pressure from large investors seems not to have been fully released, and the technical indicators have not yet stabilized at key levels. Recklessly bottom-fishing is not very wise. If the price falls below 5.0, the next thing to watch is whether 4.6 can hold—this is an important psychological barrier.

**How do different people respond?**

Experienced traders: Right now, many are waiting and seeing. If the rebound comes back but can’t surpass 5.58, then it might be worth considering a small position to try shorting. Wait until it drops to around 4.6 and shows clear signs of stopping the decline before making a move; building positions in batches is a prudent strategy.

Beginner players: At this time, don't rush to bottom fish; the market is not stable enough. Instead of pursuing a rebound that you are not sure about, it’s better to wait patiently. If you really want to participate, you can only take a very small position and place an order around 3.8 to try your luck. If it falls below 3.5, you must cut your losses decisively; don’t hold on stubbornly.

**Final words:** The survival rule in a bear market is to stay alive. Staying clear-headed in such an environment is more important than anything else. Those who can maintain a stable mindset and strictly adhere to discipline during times of panic are often the ones who make money in the end. A downturn is not the end, but a test—testing how deep your understanding is and how strong your discipline is. Traders who can calmly analyze during such moments will naturally seize opportunities when the next wave of market comes.