2025/6/6 #WIF $WIF Current trend assessment: short-term Rebound in an oscillating trend

Core Indicator Analysis:
1. Price Trend:
Recently, there has been a significant Rebound (0.836→0.968), but the latest closing price of 0.815 shows that the rebound momentum is weakening.
The highs and lows continue to decline (low of 0.821 on May 31 → low of 0.796 on June 5), and no higher lows have formed yet.
2. MACD indicator:
The bar chart rose from -0.028 to +0.027 and then fell back to -0.013, indicating a decrease in bullish momentum.
DIF and DEA are still in the negative value area (-0.028 and -0.015), and the trend reversal has not yet been confirmed.
3. Trading Volume Characteristics:
Rebound period accompanied by increased volume (256 million on June 2, 325 million on June 3)
Volume decreased during the decline (only 1.79 million on June 5), indicating that selling pressure has eased.
4. RSI Indicator:
Rebounding from the oversold zone of 21 to 68 and then falling back to 31, it is in a neutral to weak zone.
No obvious bottom divergence structure has formed.
5. EMA Moving Average:
The fast line (12)0.873 is still below the slow line (26)0.902, and the bearish arrangement remains unchanged.
But the distance between the two has narrowed from 0.028 to 0.028, and the rate of decline has slowed.
Key Turning Signal:
Bullish signal: On June 2nd, a large-volume long bullish candle (+11.5%) broke through the short-term descending channel.
Bearish signal: Failed to hold the 0.96 resistance level, a bearish engulfing candle appeared on June 5.
Operation suggestions:
1. Short-term traders:
Mainly observing, waiting for a breakthrough of the 0.83-0.85 resistance zone or a test of the 0.79-0.80 support.
If it breaks 0.85 and RSI > 50, you can try to go long with a small position.
If it falls below 0.79, it may trigger a new downward wave.
2. Medium to long-term investors:
Need to wait for the MACD golden cross and stand above the 0.9 level before considering layout.
Note that the high point of 1.048 on June 3 may form a stage top.
The current market is in a stage of long-short game, and it is recommended to make a comprehensive judgment based on the trend of the BTC market. If the next 2-3 candlesticks can stabilize above 0.83, it may turn into a rebound; if it continues to stay below 0.81, it may test the bottom again.