Airdrop carnival VS unlocking bombs! Is WCT's $0.75 the starting point or the end point?

News: Long and short tug-of-war

Solana airdrop adds fuel to the fire

WalletConnect has just officially announced that it will airdrop 5 million WCT (worth about $3 million) to Solana users, and users of wallets such as Phantom and Jupiter have become the biggest winners. Airdrops have always been a short-term tool for pulling up the market, but be wary of selling pressure after receiving them.

Team unlocks mines

The team tokens will be unlocked in batches starting from June 15th. Previously, the private placement cost was only 0.2U. At the current price of 0.74U, the early holders have a floating profit of 270%, and the market may crash at any time.

The undercurrent of pledge trap

Although the staking APY is as high as 85%, 50% of the rewards come from inflation-related issuance. The essence is a mining, withdrawal and selling cycle, which may intensify selling pressure in the long run.

Technical side: The crisis behind the new high

Bollinger Bands trumpet: The 4-hour line is close to the upper track (0.75U), and the channel is rapidly expanding. If the volume shrinks after reaching a new high, it may pull back to the middle track 0.6.

MACD top divergence warning: daily MACD golden cross but the red momentum column shortens, while the price high indicator weakens, beware of a sharp drop of 15%-20%.

Life and death support level: The rising trend line formed by the 0.2U low point supports at 0.55U. If it breaks, the trend will reverse; the previous high of 0.75U becomes a psychological resistance, and a huge amount of cooperation is needed to break through.

Operation summary: The art of licking blood on the tip of a knife

Short-term: Try shorting with a light position at the current price of 0.74U, stop loss at 0.78U, target at 0.6U; if the volume breaks through 0.75U, chase long to 0.9U.

Mid-term: Reduce positions at highs before the unlocking in June, buy the dips in batches below 0.55U, and bet on the positive ecological situation after the airdrop.

Nuclear button: monitor the team's coin transfer address on the chain, and run away immediately if there is any abnormality! $WCT #美国加征关税

The details of Solana's airdrop will be announced tonight. Is it a catalyst for a surge or a signal for whales to harvest? The market is turbulent at present. It is lonely to walk alone. Click on the avatar to follow me. Daily spot potential layout and bull market strategy layout.