#wlfi走势 Market Review: On September 2, regarding the future trend of $WLFI , I provided a clear viewpoint:

Unfortunately, the market has moved in the most concerning direction. On the special day of 9·4 in the cryptocurrency circle, the main force dealt a fatal blow to the holders of $WLFI with thunderous means, breaking through the price consensus of 0.2. Although personally I do not wish for it to break, the fact is such that we must face what has happened.

Recently, the popularity of $WLFI remains unabated, whether in squares or on platform X, there are those who recharge their faith, those with conspiracy theories, those who curse, and those who cry for help... A variety of information is continuously emerging, making it quite lively! Returning to the market itself, the theme of this article is: Is the main force dumping to cash out, or quietly accumulating?

Here, I will first present two charts, the Binance WLFI/USDT contract 15-minute candlestick chart. Intuitively, during this round of market decline below 0.2, trading volume has been continuously released, and the peak can already match the trading volume of the continuous decline in the previous two days.

In my article on September 2, the question I raised applies here as well: Any transaction must always involve both buyers and sellers. The essence of a transaction is one buy and one sell, so during a market decline, one must carefully consider this question: Who is buying, and who is selling?

Simply looking at trading volume is not enough to explain the issue, so I added the long-preserved VP/VR indicator, which clearly shows: during the price drop below 0.18, there was a trading volume second only to the sideways adjustment phase, and it was a substantial turnover in a short period, even far exceeding the previous drop from 0.37 to 0.21.

Back to the earlier question, who is buying, and who is selling? Is the main force profiting and fleeing through violent sell-offs? Or is the main force accumulating chips from previous profits through sell-offs?

My viewpoints and thoughts have always been based on market information. I do not like to subjectively speculate on various conspiracy theories, nor do I like to be swayed by various news; I hope that those who read my article feel the same way.

Next, here is the conclusion of this article:

1. Compared to the perspective of the main force taking profits and fleeing (like Sun cutting and cashing out), I tend to believe that this stage is where the main force actively drives the price down to acquire low-priced chips during the public offering stage; in short, it is about accumulating positions;

2. Where will the price stop falling? I cannot give a clear conclusion.

My habit is to infer the possible events that may occur next based on what has already happened, rather than misleading friends with random guesses! If there are signals of a bottom, I will clarify my views in subsequent articles (which means there are currently none);

3. Can the price go up? My view is that the probability of it going up is greater.

If you have read (Wyckoff Trading Method), you will understand a basic logic: the main force will sell during the rising phase and ultimately measure whether demand is exhausted based on the amount of buying; the main force will accumulate chips during the falling phase and ultimately measure whether supply is exhausted based on the amount of selling. Therefore, I believe that the probability of the main force driving down to accumulate and then rising to profit is more cost-effective than cashing out and leaving, thus I believe the probability of going up is greater.

Finally, as a small tip: If you really believe in the $WLFI project or expect to profit from it, then holding the spot carries far less risk than trading contracts, and the possibility of ultimately making a profit is greater (the bears can ignore this point).

If you think my analysis can help you a little, then you can like, comment, and share, wishing good luck to both bulls and bears in the market! 😘