2026-01-07 09:26:54

WIF has made a big move today—shortly after topping the trending coin list, it started to plunge. The 1-hour K-line directly broke through the key support level of 0.416, indicating that the whales are likely using the popularity to offload their holdings.

The current price is stuck at 0.4164. According to conventional strategies, the 4-hour resistance level is around 0.423. You might consider exiting when the price stabilizes above this level, while setting the risk exposure to twice the 4-hour cycle resistance loss.

This situation is quite common—rapid surges in popular coins are often accompanied by institutional or large investor planned sell-offs. The typical pattern is to first generate hype to attract retail FOMO, then sell off in batches when market sentiment peaks. The current trend basically confirms this logic.

WIF0,49%

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ArbitrageBot

· 01-08 22:20

It's the same old trick again. As soon as the hype starts, they begin dumping, and retail investors are truly the victims. This time WIF can't escape. Once it breaks 0.416, it's time to sell, don't wait. The big players really treat us like grass, using the same tactics every time.

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GateUser-0b84d57c

· 01-08 03:03

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YieldChaser

· 01-08 00:39

Another round of the old trick where the whales dump the market; retail investors are still so easily fooled.

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ForkLibertarian

· 01-07 09:56

Here we go again. As soon as the leaderboard heats up, they start dumping. I can see through this trick with my eyes closed. While retail investors are still FOMOing, big players have already run away. Talking about whether 0.423 is a resistance level or not—I just don't believe it anymore.

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BlockchainBrokenPromise

· 01-07 09:56

Here we go again, hot coins are always the harvesters, and those who enter are all newbies. Retail investors are still looking at the trending list, while the whales have already started to sell off. The rhythm is far from good. 0.416 has been broken? This is troublesome, 0.423 is also uncertain. I need to raise my stop-loss. Hot = dangerous. This time finally confirmed it. Next time, I must learn the lesson. Basically, those who can tell stories make money, and those who FOMO lose money.

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AirdropHuntress

· 01-07 09:46

It's the same old trick again. When the hype rises, they dump the market. Data shows that these kinds of surging coins basically can't escape this cycle. Once 0.416 is broken, it's time to exit. Don't be greedy.

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MerkleMaid

· 01-07 09:43

Here we go again, I know this routine all too well. As soon as the hype around the leaderboard heats up, they start dumping, while retail investors are still frantically FOMOing. The big players have already run away. WIF has been quite unfortunate this round. After breaking 0.416, they tried to rebound, but couldn't stabilize at all. Now being stuck at 0.4164 is just a joke. This is why I never chase hot coins, unless I was early in the game. Otherwise, it's just giving money to the big players. Wait, can that resistance level at 0.423 really hold? It feels pretty doubtful. Where is the solid technical support? Or are these data just for show? If it crashes again tomorrow, I wouldn't be surprised. It's a classic trap to lure more buyers.

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