Thesis:
WIF is currently neutral in the short term. Despite the breakdown, the double bottom around 0.783 is notable and could serve as a base for higher moves. That said, low volume and range-bound price action point to consolidation rather than trend resumption. For active traders, it’s best to sit tight for now. But for long-term holders, this zone offers a potential accumulation area — especially considering the upside back to all-time highs implies a near 500% return.
Cryptonary’s TakeThere’s no strong reason to rush into WIF here, but the double bottom and broader upside potential make this an area worth watching. For spot buyers with conviction, it’s a reasonable place to start scaling in. For traders, we wait for either volume confirmation or a reclaim of structure.
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