The trend after the opening of #WLFI is indeed the same as predicted by the Coinwings software. Let's take a look at the ideas Coinwings software gave us yesterday, and why the technical indicators do not recommend immediate buying. Please see the analysis thought process:
Logic 1: Massive Unlocking and Dumping
Private investors (especially those from the January round) with 26 times profits will inevitably sell to cash out. Even the March round investors (8 times) also have a strong motivation to offload, as the price of 0.4U far exceeds reasonable valuation.
Logic 2: The 'Illusion' of Pre-Market Contracts
Low trading volume in pre-market makes it easy for manipulators to artificially inflate prices to entice buyers (similar to IPO hype on the first day). After the opening, liquidity increases, real selling pressure becomes apparent, and the price is likely to flash crash.
Logic 3: Defects in Token Economic Model
If only 20% is unlocked at TGE, the remaining 80% will create ongoing selling pressure, leading to a bearish outlook in the medium to long term.