$WIF was quite tired last night and went to bed early. This morning, I woke up to see the overall market has been completely poured out. I originally expected the market to fluctuate a bit last night.

wif entered some long positions compared to other altcoins yesterday, but the overall market couldn't hold. We can see that wif's main players, having invested money, still defended the market a bit before the market waterfall, but after the market broke down, the main players also gave up in the early hours. This morning, it has been confirmed that there is outflow at all levels. I believe this is no longer just a washout; there was an outflow of 23 million in 12 hours, which is quite significant.

The market's performance last night was quite poor. Coins like Hippo and pnut had a quick pullback followed by a rapid decline, which is actually a dangerous signal. So I suggest everyone to observe this weekend and not rush to act. First, don't think you can buy the dip just because the market is falling. The current trend, combined with the risk of a double top in the US stock market, is quite significant. Secondly, if you want to short, you can observe the weekend situation to see if there will be a better pullback to enter the market; the psychological pressure of chasing shorts can be quite high.