#Humaflnance Primary Catalyst

Binance Solana integration sell-the-news effect: WCT’s price dipped after Binance enabled Solana-based deposits/withdrawals on July 10 (Binance News). The 22% drop in 24h trading volume ($43.3M → $33.8M equivalent) suggests reduced buy-side momentum post-event.

2. Market Dynamics

BTC dominance squeeze: Bitcoin’s 63.72% market share (up 0.12% weekly) and $1.04T derivatives open interest (+8.34% in 24h) indicate traders favoring BTC over alts. The Altcoin Season Index remains low at 31/100, signaling muted risk appetite for smaller caps.

Geopolitical risk-off sentiment: Global markets faced pressure on July 13 from Middle East tensions, spilling into crypto as investors favored stablecoins and blue-chip assets.

3. Technical Context

Key resistance rejection: WCT failed to hold its pivot point at $0.3375, sliding below the 38.2% Fibonacci retracement level ($0.3633). The RSI (48.03) shows neutral momentum, but bearish divergence emerged as prices fell despite a positive MACD histogram.

Liquidation clusters: The $0.33–$0.35 zone saw $124K in long liquidations in the past 24h, amplifying downside pressure.@Huma Finance 🟣