A number of problems have arisen recently with users finding that they were in the incorrect Folder in Bookmarks.
(Version 2.22b/2.23b1)

Here are some links to examples of this problem

One
Two

The way to reset the Fast Dial Folder is the following:

Go Bookmarks/Organise Bookmarks/Bookmarks Menu

You should then be able to see the Fast Dial Folder

Right click on the folder and select Fast Dial Make home in the context menu

This will as it were put the Root Folder of Fast Dial in the correct Folder in Bookmarks.

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telega is working in the next Version of Fast Dial to find a way to avoid this particular problem