2026-01-12 16:27:34

WAL's recent performance is indeed worth paying attention to. After breaking through the key level of $0.151, it directly hit a new high, with a single-day increase of 3.86%, currently stabilizing around $0.1512. From a technical perspective, the 99-day moving average provides strong support, and the Relative Strength Index (RSI) remains at 58.27, indicating that upward momentum is maintaining a healthy state.

The signals on the chart are particularly clear. The 7-day, 25-day, and 99-day moving averages have formed a resonance, laying a foundation for subsequent upward movement. The upper band of the Bollinger Bands is set at $0.152, and the next resistance level after a breakout is at $0.166. Interestingly, the long-short ratio has changed to only 0.24, indicating that the short positions are quite crowded, with about 80% of the short positions already in floating loss. This extreme configuration often signals the accumulation of potential counter-movement forces.

The project's fundamentals also provide support. WAL has established deep integration with projects like Pudgy Penguins and Bluefin, gradually demonstrating value in the decentralized storage application field. In terms of financing, the $140 million round led by a16z has boosted market confidence, coupled with large-scale community staking participation, further deepening the consensus among institutions and retail investors.

On the trading front, market activity is also increasing. Hourly net capital inflows have surged to $980 million, indicating continuous inflow of incremental funds. Short-term trading logic can focus on the performance at the $0.152 and $0.166 levels. Once these points are effectively broken, it could trigger a larger rally. In the medium term, $0.144 is an important support to hold. For longer-term positioning, the $0.135-$0.140 range is worth关注.

The current time window is indeed favorable. It allows participation in the upward price movement while also seizing opportunities when market enthusiasm is high. The potential for WAL's current rally still has room for imagination; missing it could easily lead to regrets.

WAL-2,96%

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P2ENotWorking

· 12h ago

80% short floating loss, now this is what you call a paradise for shorts, haha --- If the 0.166 level breaks, the next target definitely has a lot of room for imagination --- a16z led a $140 million investment, sounds different, but we still need to see if it can be implemented later --- It's another case of moving averages resonating and Bollinger Bands breaking out. I almost have this technical analysis memorized --- $980 million inflow, this number looks a bit scary. Could it be the whales accumulating again? --- Missing out and feeling regretful? Wake up, Bitcoin hasn't even hit a new high yet --- Deep integration of Pudgy Penguins and Bluefin, are these collaborations reliable? Are there specific applications being implemented? --- Is it really the right time to enter now? Feels a bit like chasing the high --- RSI 58.27 still has room to rise, but don't be too greedy --- Wait until the 0.144 level breaks. The current price feels a bit fake

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BlockBargainHunter

· 12h ago

Shorts liquidation, funds pouring in crazily, this momentum is quite intense Can WAL reach 0.166 this time? It depends on whether the main force wants to play Backed by a16z endorsement and community consensus, the fundamentals are solid, but we still need to watch out for the tragedy of catching the top If 0.144 breaks... it will need to be re-evaluated, but I don't feel so pessimistic in the short term This time window is indeed one not to miss, the story ahead still depends on how it unfolds

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LightningLady

· 12h ago

Shorts with 80% unrealized loss? How extreme is that, feels like a rebound is imminent... --- 0.166 is quite interesting, breaking through it is really hard to imagine --- a16z has come in? Why didn't I get in earlier? --- Net inflow of 980 million, this heat is truly impressive --- But speaking of which, what if 0.144 breaks? In this market, risk control is essential --- The signal of three moving averages resonating... I want to chase but I'm still a bit hesitant --- Watching others make money makes me jealous, but I'm also afraid of getting caught at high levels, really tormenting --- Wait, is this the WAL from Pudgy Penguins? Didn't pay much attention before --- Currently, entering at this price seems to have a pretty good risk-reward ratio? Looking for guidance from experienced guys --- 80% short unrealized loss, continuing to short would just be giving away money haha --- Deepening institutional consensus is a signal, I need to see if I should follow along

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