The rebound that should have happened didn't, and it may need to change direction.
Generally speaking, after a significant drop, there should be a decent rebound.
But $WCT
stuck at 0.4 and unable to go up, this weak rebound structure is very likely to evolve into a continued decline.
Once it falls below, 0.3 is almost certainly a testing point.
The market never shows mercy, only direction.
Disclaimer: This article does not constitute investment advice. The cryptocurrency market is highly volatile, so please make independent judgments and bear the risks yourself.