dogwifhat (WIF) has increased by 13.69%, attracting strong buying power and interest from the futures market, opening up the possibility for continued price increases if selling pressure decreases.
The explosive growth has helped WIF reach a monthly high price close to 1 USD, with significantly increased trading volume and market capitalization, reflecting growing attractiveness from investors.
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WIF surged strongly by 13.69% along with a market capitalization reaching nearly 1 billion USD and trading volume increasing by over 100%.
Investors dominated buying for 3 consecutive days, creating a positive momentum that pushed prices up.
Futures contract data shows large cash inflows into buying positions, while significant profit-taking activity appears from sellers.
Is buying back strongly with dogwifhat?
Market analysis shows that investors have returned with overwhelming buying pressure after a brief halt in trading. Coinalyze data indicates that on July 10, the buying volume of WIF reached 17.3 million, surpassing the selling volume of 16 million, creating the first positive Buy-Sell Delta chain of 3 days in over a month.
The consecutive purchases totaling 91.79 million over 3 days confirm that buyers are in control, opening up a bullish scenario for the Token. This is a highly reliable positive signal, as many previous similar trends have led to a breakthrough price increase.
How do futures contracts drive the upward trend?
Data from Santiment shows that the Funding Rate of WIF exchanges shifted to a positive state on July 10 with a value of 0.005, signaling an increase in buying positions from futures investors.
When the Funding Rate is positive, it reflects that cash flows are more on the buying side, reinforcing confidence in the continued bullish trend in the short term and increasing the chances of achieving higher target prices.
A positive Funding Rate indicates that investors expect the price of dogwifhat to continue to rise strongly in the near future.
Nguyễn Minh Trí, CEO TinTucBitcoin, 11/07/2025
How do profit-taking investors affect the market?
The strong price increase has triggered significant profit-taking activity from previously loss-making investors, as reflected in net cash outflows of up to 2.73 million USD on exchanges according to CoinGlass data.
Currently, Netflow has dropped sharply to 531.6 thousand USD, proving that selling pressure still exists and could be a barrier to prolonged price increases.
Profit-taking whenever the price approaches the monthly peak is a common phenomenon, which can cause short-term volatility but does not rule out the possibility that buyers will soon regain control.
What crossroads is dogwifhat facing on the technical chart?
MACD analysis on TradingView indicates that this indicator rose to 0.016, highlighting a positive trend and dominant buying power. This is a sign that the Token may continue to break the 1 USD threshold towards a target of 1.18 USD.
However, if profit-taking pressure increases, a correction to the region of 0.84 USD is a possibility that cannot be ruled out, reflecting the balance between buying and selling forces in the market.
„MACD generates a signal confirming the positive trend, but it is necessary to closely monitor profit-taking movements to predict short-term volatility.”
Trần Anh Khoa, Independent cryptocurrency analyst, 12/07/2025
Important market indicators of dogwifhat
Index on July 10 Growth/Change Highest price of the month 0.982 USD +13.69% Market capitalization 978 million USD +14.2% Trading volume 500 million USD +105% Buy Volume over 3 days 91.79 million — Funding Rate of futures contracts 0.005 From negative to positive Netflow Exchange (profit-taking) 531.6 thousand USD Deep reduction from 2.73 million USD
Frequently asked questions
How much has dogwifhat increased in the recent surge? Dogwifhat increased by 13.69%, from a low of 0.82 USD to the highest of the month at 0.982 USD, showing a strong recovery. What caused the spike in trading volume for WIF? The trading volume increased by 105% to 500 million USD, reflecting large cash flows and genuine interest from investors. What does a positive Funding Rate mean for the price of dogwifhat? A positive Funding Rate indicates cash flow into buying positions, predicting that prices may continue to rise. What should investors pay attention to right now? It is necessary to monitor profit-taking activity as it may create short-term downward pressure, while also observing technical indicators to make reasonable decisions. How high can dogwifhat rise in the short term? Technical analysis shows potential to reach around 1.18 USD if buying power is maintained and selling pressure does not increase significantly.
Source: https://tintucbitcoin.com/wif-tang-13-lieu-vuot-1-usd/
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