#WalletConnect @WalletConnect
【WCT 0.33 Life and Death in an Instant】
"Main force crashes -3.1%, million-level sell wall pressing down! Bottom fishing or escape? Understand the ultimate showdown between bulls and bears in one article"
Summary in one sentence: WCT current price 0.3339 just touched the 1h Bollinger band lower band, POC 0.340 above 63 million selling pressure not dispersed; if it cannot hold 0.327 LVN in the short term, it will head straight to 0.292, conversely, if it stabilizes at 0.340, it can seize a rebound to 0.360. Positioning ≤1%, stop loss at 0.324, risk-reward ratio 2.1.
Key intervals and trading volume
• Value anchor: POC 0.340 (Up 47% / Down 53%, slight selling pressure)
• High volume buffer: HVN 0.320-0.322, 0.333-0.335 providing a pullback
• Low volume gap: LVN 0.292-0.296, 0.361-0.366, small resistance when crossing
• 70% trading area 0.309-0.351, currently close to the lower edge, not oversold
Momentum and positions
• 24h contract net outflow -3.84M, OI still increased by 3.18%, long-short ratio 2.12→2.12 (bulls have not reduced)
• 1h position increase only 0.23%, price slightly rose by 0.33%, divergence indicates temptation to go long
• Order book: near-end sell orders more 21k, far-end buy orders more 12k, liquidity trap initially appearing
Strategy (15m level)
Aggressive: Go long when retesting 0.327 LVN and 15m UpVol > 60%, stop loss 0.324 (-1ATR), target 0.340 POC, risk-reward ratio 2.1
Conservative: Breakthrough 0.340 POC and increase volume by 1.5 times to chase long, stop loss 0.336, target 0.360 HVN, risk-reward ratio 2.0
Counter-trend: Break below 0.327, retest 0.330 without breaking to short, stop loss 0.333, target 0.292 LVN, risk-reward ratio 2.3
Risk warning
• Continuous net outflow of spot -1.39M, if 0.327 is lost, it will trigger a series of liquidations for bulls
• Macro: Funding rate 0.00125% extremely low, lacking bull protection
• Events: Pay attention to the withdrawal of sell walls at 0.340-0.342 or a breakthrough with increased volume, otherwise regarded as a false breakout
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