The recent rebound in FOLKS is mainly driven by easing Middle East tensions and a recovery in Bitcoin sentiment. Short-term capital pushed the price up to $1.25 before retreating, reflecting a rebound in bullish sentiment but lacking sustainability. On the macro front, high oil prices and persistent hawkish stances from major central banks pose medium- to long-term headwinds. Technically, the $1.28~1.30 zone acts as major resistance, with a breakout possibly enabling a challenge of $1.32; on the downside, $0.90~0.92 is critical support, with a break taking the price down to $0.88. It is recommended to closely watch macro risk shifts and volume-price relationships, control position sizes, and wait for clearer technical patterns before adding positions.

Since hitting a low of $0.93 on March 20, FOLKS saw a strong rebound alongside improved risk appetite in global markets. On the 21st, trading volume surged to nearly 7 million tokens, pushing the price up to $1.05; on the 22nd, the upward momentum continued with more volume to $1.12; and on the 23rd, the price peaked at $1.25 before retracing, indicating a notable rise in bullish sentiment but limited follow-through. This rebound was in sync with expectations of geopolitical easing and Bitcoin breaking key whole-number levels, bringing clear short-term bullish sentiment.

BitMart Research Weekly highlights easing geopolitical tensions in the Middle East, stabilizing oil prices near $100, and improving market risk appetite. Despite concerns over stagflation due to rising oil prices and slowing US economic growth, the stagflation risk remains low. The Fed's rate cut expectations have diminished, with markets focusing on a more cautious policy path. US stocks show resilience, especially in AI and chip sectors. In crypto, Bitcoin breaks above $70,000, signaling upward momentum, supported by positive ETF inflows and institutional buying, while Ethereum staking grows. However, credit market risks persist if oil prices surge further.

BitMart Research Institute Weekly Highlights: Geopolitical Impact Cools Down, BTC Opens Upward Potential

During March 18–20, FOLKS experienced three consecutive days of declines, falling from $1.06 to $0.93, reflecting market concerns over rising oil prices, high inflation, and the continued hawkish stance of central banks. The surge in commodity prices raised funding costs and heightened risk aversion, while expectations for delays in rate cuts by major central banks increased; all these factors weighed on crypto assets. Although trading volume was not as high as during the rebound, the continuous down days showed concentrated selling pressure.

Jordi Visser highlights that ongoing credit issues enhance Bitcoin's appeal as a financial asset, while rising gas prices signal economic instability affecting consumer behavior. Institutional investors face paralysis amid market uncertainty, impacting investment decisions. High inflation is expected to significantly affect earnings estimates. The commodity bull market may cause oil price fluctuations, and geopolitical instability in the Middle East continues to influence global energy prices, increasing recession risks.

Jordi Visser: Bitcoin thrives amid credit issues, rising gas prices signal economic instability, and institutional investors face paralysis | The Pomp Podcast

David Bailey, CEO of Nakamoto Inc., highlights that the Fed is expected to keep interest rates stable while global hikes loom. Rising commodity prices, especially oil and natural gas, act as a tax on consumers, increasing inflation expectations. Geopolitical risks, such as the Iran-US-Israel conflict, add market uncertainty not fully priced in. Bitcoin shows signs of seller exhaustion, positioning it as a potential safe haven with growth prospects above $80,000 amid current economic and geopolitical challenges.

David Bailey: The Fed’s interest rates remain stable, rising commodity prices act as a tax on consumers, and Bitcoin shows signs of potential growth amidst geopolitical risks | Galaxy Brains

Global central banks remain on hold with hawkish stances, causing gold to plummet to a six-week low near $4,500 amid inflation concerns and high interest rates. Bitcoin retreated from $76,000 to around $70,500, facing resistance and low volatility. Oil prices surged due to Middle East conflicts but later dropped sharply. Market sentiment is cautious with significant options expirations and mixed outlooks on Bitcoin’s near-term direction.

Trading Moment: Global central banks remain on hold, gold hits a 6-week low, Bitcoin retreats to 70,000 amid low volatility games.

On the daily chart, FOLKS is currently around $1.13, with short-term resistance focused in the $1.28~1.30 range; a breakout could lead to a test of $1.32. On the downside, $0.90~0.92 is a repeatedly tested support area, and a breakdown could take the price to $0.88. Trading volume peaked on the first rebound day and then gradually declined, indicating that bullish momentum failed to continue expanding. Technical indicators show no clear reversal signals yet, so close attention should be paid to coordination between volume and price as well as the validity of support levels.

Analyst Axel's latest report indicates that the Bitcoin market's overheating has completely dissipated, with the MVRV Z-Score dropping 74% from its 2025 peak, confirming the valuation bubble is cleared. However, selling pressure remains high, as the aSOPR has stayed below 1.0 for 55 consecutive trading days, signaling ongoing loss-selling. The market lacks clear reversal signals, and selling pressure has not yet eased.

Analyst: The overheating in the crypto market has been completely eliminated, but selling pressure has not yet dried up.

FOLKS

Bauer: Concerns about price shocks may change inflation expectations

Perli: The Federal Reserve's reserve management purchase operation adjustments will be implemented soon.

Swiss Financial Giant UBS: “The Fed Could Make Its First Interest Rate Cut in September”

The probability that the Federal Reserve will keep interest rates unchanged in April is as high as 93.8%.

Cook: Inflation risks rise given the Iran war

US short-term bond yields rise 10 basis points, Fed rate hike expectations resurface.

Bitcoin slips below $69,000 as oil rebounds on fading Middle East peace hopes

The Federal Reserve faces a dilemma in its dual mandate of employment and inflation.

Bitunix Analyst: Mismatch of Energy Control, Monetary Tightening, and War Escalation, Liquidity Shifts to Squeeze Range

Australia Central Bank Backs Tokenization After $16.7B Pilot Finding

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FOLKS Price: FOLKS Live Price Today | FOLKS Market Cap & Chart Analysis | Bybit-ge

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FOLKS price today is 1.21, with a live price change of 6.31 in the last 24 hours. Convert, buy, sell and trade FOLKS on Bybit-ge.

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