I. First, highlight the key points: Why has WCT risen recently? Logic understandable by ordinary people

  1. Hug the big platform's thigh
    Top exchanges like Binance listing WCT and running a 'coin staking mining' (Launchpool) event is like giving it free advertising. When retail investors see 'recommended by big exchanges,' they naturally follow the trend to buy; this is a typical'Exchange Effect'— Just like a supermarket placing new products in prominent positions leads to a surge in sales.

  2. Drawing a pie and airdrops stimulate speculation
    The project party says they will do an 'airdrop,' simply put, it's 'free coins,' but the premise is that you must first hold WCT. This kind of tactic is very common in the crypto circle; retail investors stock up on coins in advance to grab the airdrop, driving up the price. But be careful:After the airdrop lands, many people will sell coins to cash out, which may lead to a price collapse, just like when you wait in line to buy limited-edition sneakers and then immediately sell them online.

  3. Technically looks fierce, but hides danger
    Recently, it has been rising every day (large bullish daily candles), looking very tempting, but a 'long upper shadow' has appeared on the 4-hour chart, just like when you suddenly trip while running—There are many people selling coins above (selling pressure), just temporarily supported by buying pressure. Chasing high at this time is like catching a hot potato thrown by someone else; it's easy to get burned.

II. How to read technical indicators? Don't get confused by terminology; remember these 3 signals

  1. Overbought! Just like running continuously for 10 kilometers, you need to take a break
    RSI indicator exceeds 80 (4 hours), which is like a person panting heavily and must stop to rest. At this time, the price is still rising, but buying power is already lagging, and a pullback could happen at any moment. Just like binge-watching a series until 3 AM, although you still want to keep watching, your body can't take it anymore and needs sleep.

  2. Price too far from the moving average: It's risen too quickly and needs to 'drop back to reality'
    The price has risen too sharply, getting further away from the short-term moving average (EMA7), just like a kite flying too high, and the line is about to break—It will eventually fall back close to the moving average(which is around $1.14). At this moment, if you buy directly, it's like catching a kite at a high point; it's better to wait for it to drop lower before picking it up.

  3. Trading volume is unusual: Fewer people are chasing
    When the price surged, the trading volume increased, indicating that someone was selling coins at high prices; then, as the volume shrank, it showed that no one was willing to buy at high prices anymore. It's like a market stall that was crowded at first, but later became deserted; if you still want to buy at this time, you're likely to buy at a high price.

III. How should ordinary people operate? Respond to 3 different situations

1. If you haven't bought yet: Don't rush to chase, wait for a pullback signal

Conservative players: Wait for the price to drop to around $1.10 before considering (corresponding to long-term moving average support + round number), just like waiting for a sale before buying clothes for better value.

Aggressive players: If you want to bet on a short-term rebound, try a small position near $1.14 (remember: only play with small money, don't feel bad if you lose), but if it drops below $1.08, you must stop-loss (for example, if you bought at $1.14, and it drops to $1.08, you lose 6%, and cut your losses in time).

Remember: The current price around $1.3 is like queuing at a popular store for milk tea; it looks busy, but you may regret buying it right after, so it's better to wait for the hype to die down before taking action.

2. If you have already bought and made money: Take profits and don't be greedy

Make quick money in the short term: Sell when it reaches around $1.35 (close to the previous high, many people will sell here), just like when you buy stocks and make a 20% profit, it's better to secure the profits than wait for a drop.

Medium to long-term holding: If you are optimistic about the project's long-term development (such as multi-chain ecosystem expansion), you can keep a portion of your position, but set a stop-loss (for example, sell if it drops below $1.10) to avoid rollercoaster rides.

Warning signal: If you see the project party suddenly transferring coins to an exchange, it may indicate a dump is coming, so run quickly! Just like when the boss suddenly sells stocks, wouldn't you sell too?

3. If you want to short (bet on a drop): High-risk operation, beginners should avoid

Only consider taking a small position to short in the $1.35-$1.40 range when you are sure of a market sentiment reversal (for example, negative news appears + technical breakdown), and set the stop-loss at $1.42 (if it breaks the previous high, admit defeat).

Short selling is like borrowing someone else's things to sell; if the price goes up, you can lose an unlimited amount, and beginners are prone to liquidation (losing all their capital), be cautious!

IV. Final reminder: The core of making money in the crypto circle is 'against human nature'

Don't follow the trend to chase highs: When everyone is discussing a coin, it's often near the top, just like when your friends say 'buying a house is guaranteed profit,' it may mean prices are about to fall.

Don't fantasize about getting rich overnight: WCT's short-term rise of 40% is tempting, but it may also drop back to reality in a few days, just like winning the lottery is rare; most people are just running alongside.

Invest with spare money: Use money that 'losing won't affect life'; this mindset will be steadier, just like using pocket money to buy snacks; if you don't finish it, throwing it away won't hurt.


Summary: WCT is like a car going too fast; although it has enough power (positive momentum), there is a big pit ahead (overbought + selling pressure). Either wait for it to stop (retrace to support) before getting in or watch it pass and wait for safety to pursue. Investing is not a race; surviving longer is more important than running faster.

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