FLOKI has been attempting to recover from recent price losses, but its efforts are hindered by weak investor support. The meme coin has struggled to sustain momentum, despite a slight uptick. FLOKI faces the ongoing threat of selling pressure from short-term holders (STHs) who may capitalize on any profits. FLOKI Investors Are Bearish The MVRV Long/Short Difference for FLOKI is currently deeply negative at -40%, indicating that short-term holders are currently in profit
source: https://beincrypto.com/floki-price-up-but-recovery-halted/