$WIF price fluctuates and pulls back! Capital outflow suggests increased short-term risk
Capital data analysis (Spot and Futures):
Spot market: Data shows a certain trend of capital outflow in the spot market, reflecting weak market sentiment and selling pressure.
Futures market:
Short to medium-term (up to 3 days) futures capital has clearly turned to net selling, consistent with the downward price trend. Specific data shows that within the 15-minute and 30-minute periods, there is significant selling pressure from institutions and retail investors, reflecting pessimistic market sentiment.
Long-term (5 days and above) futures capital is also showing a net selling state, and the negative value is gradually increasing. Recent capital outflow data (e.g., 30 days: -102.29m, 60 days: -171.35m) indicates sustained capital outflow, and the market lacks upward momentum.
AI rating has significantly decreased since the last update, currently at 54.451, indicating weak market sentiment and insufficient upward momentum.
Technical Analysis (4-hour chart):
From the candlestick chart, the price has broken below the support range of 1.3382, currently approaching a low of 1.1356. If the price continues to decline, the next key support level is around 1.0850.
The current downward trend is quite strong, and the candlestick formation shows that bearish forces are dominant, making it difficult for the price to rebound in the short term.
Comprehensive analysis and risk assessment:
The recent sharp drop in WIF price, significant decrease in AI rating, and the reversal of short to medium-term capital to net selling form a strong bearish signal. The continued outflow of spot and futures capital indicates insufficient market confidence, and the price may face further pressure in the short term. Although long-term capital has seen some buying, the continued outflow of short-term capital and bearish market sentiment still pose significant risks.
Risk warning: WIF currently faces high market risk! Continuous price decline is compounded by multiple negative signals. If the current support level of 1.1356 and the lower level of 1.0850 cannot effectively support, it may trigger further panic selling.
