{"content":"Recently, many investors have been paying attention to WLFI's trend, yet they find themselves in a state of anxiety with the market 'not going up or down.' In fact, this is a typical range-bound fluctuation market. Currently, WLFI's price is stuck between the support level of 0.207 and the resistance level of 0.2731, especially fluctuating repeatedly around 0.2436. Essentially, the main forces are harvesting through range oscillation. Newcomers may misjudge this as an impending breakout, while seasoned traders understand that this is a common washout operation. ​ There is a key detail on the technical front that needs attention: the K-line shows a 'bearish engulfing' pattern. Although this may easily trigger a downward trend in the short term, the trading volume has not increased but rather shrunk. It is important to note that real downward pressure is always accompanied by increased volume; a drop in volume often indicates a false move. Therefore, while there is a risk of decline, it has not yet reached a clear confirmation stage, and the market remains in a brewing period. ​ The overall external environment is relatively neutral. The Fear & Greed index is in a neutral range, and there is not much macro-level pressure; on the news front, the growth in NFT sales and the increase in active Ethereum addresses are positive factors, while tightening regulatory policies and security incidents bring negative factors, with bullish and bearish elements offsetting each other. Market participants are all waiting for a clear direction. ​ Regarding the future trend, the logic is as follows: if the resistance level of 0.2731 cannot be broken through, the market will likely test the support level of 0.207 again; however, as long as the support level of 0.207 is not broken, the range-bound oscillation pattern will continue, and buying at lows may actually present profit opportunities. Only a drop below the 0.2 mark would truly confirm the trend direction. ​ In a fluctuating market, it is important to remember the old saying: #ElonMusk65908 Follow For More!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/03/f23e0530f41a4893a591c4e8ceb69738.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}