🔷$WLFI ( @worldlibertyfi) has returned to one of the most important technical areas on its chart after many weeks of persistent selling pressure.
📉Since it was strongly rejected from the initial rebound, the price structure has continued to form lower highs while gradually returning to a historic demand zone. Buyers have reacted to this area more than once, highlighting it as a key zone where selling pressure has repeatedly begun to weaken.
⚖️The latest reaction indicates that demand is still present, but the broader bearish trend has not been invalidated. Reclaiming the first major resistance level will be the first meaningful sign of structural improvement. Until then, this remains a more critical support test than a confirmed trend reversal.
$BTC fell more than 3%, currently hovering around 63,000 USD, and the 61,700–62,000 USD range may be tested again soon.
The probability of the Fed continuing to raise interest rates is edging up, and the early-morning meeting on Thursday could cause BTC and ETH to fluctuate very strongly.
The article is for information sharing only, not investment advice.
See through the trading history of this guy and you’ll see how brutal his trading was
He kept loading short orders on BANK, but the price kept surging, causing him to get liquidated on many consecutive positions
When he got liquidated and was down to nearly $20K, he ran out of capital and gave up—what a twist, right when he had no money left, the price dumped hard, what could be more bitter than that
That $BANK guy is a market maker who drives the price in a very unpleasant way; future traders definitely have lost quite a lot too