Recent WCT negative factors dominate #TradersLeague . In terms of price, it has fallen from 1.37U to 0.43U, with a significant drop and no signs of rebound, the market is sluggish, and bears are dominant. On the technical side, the 4-hour MACD shows a soaring red column, KDJ has entered the oversold zone and is still in a death cross, with volume-price divergence + contract negative fee rate, indicating a potential reversal but overall still appears weak. In addition, it faces legal disputes and regulatory risks, such as the World Cup theme potentially involving copyright litigation, and the tightening of global cryptocurrency regulations limiting its application scenarios. Although there are positive factors such as technical ecology and ecosystem support, it is difficult to reverse the situation in the short term.