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WIF Price Prediction: Meme Coin Rotation Signals Emerge! WIF Whales Hoard 67 Billion Coins Against the Trend, Gearing Up to Challenge DOGE Leader Status
This week, Meme coins occupy four of the top ten coins by rise, with the zone's popularity continuing to heat up as Bitcoin consolidates at high levels. DOGE and FLOKI lead the gains (with an increase of over 40% against BTC during the week), while WIF is slightly behind but still records a rise of 24.31%. On-chain data shows key divergence: DOGE faces selling pressure from whales and the risk of an RSI pullback due to being overbought, while WIF whales (holding 10 million to 100 million coins) have increased their holdings by 670 billion coins against the trend during the week, continuously accumulating in the strong resistance area of $1.30. Historical patterns suggest that when the volatility of WIF/BTC compresses to an extreme, a big pump event of 138% may occur again.
Meme coin zone collectively excites DOGE leads WIF accumulation
Currently, Bitcoin is fluctuating narrowly in the range of $102,000 to $105,000, and market risk appetite is shifting towards high volatility assets. This week, Meme coins occupy four of the top ten spots on the cryptocurrency gainers list, confirming the high speculation sentiment in the zone:
Technical analysis shows a key divergence: DOGE faces resistance pullback VS WIF volatility compression
The two major head Meme coins present entirely different technical structures:
DOGE/BTC: The daily chart encountered a significant pullback of 2.14%, facing resistance at the key resistance level from early May. The weekly RSI has entered the Overbought zone, coupled with on-chain monitoring detecting Whale capital outflows, increasing short-term pullback pressure.
WIF/BTC: The exchange rate has entered a stage of extreme volatility compression (a typical pattern before historical big pumps). The current price is repeatedly testing below the supply wall of $1.30, with two attempts in May leaving long upper shadows, indicating that bears are still stubbornly resisting.
On-chain whale activity shows significant divergence, WIF accumulation trend is strong
Whale activity reveals core market divergence:
DOGE Whale: Some large holders are showing a tendency to take profits, and on-chain capital outflow is intensifying short-term sell pressure.
WIF Whale (holding 10 million - 100 million coins cluster): Increased holdings by 670 billion tokens against the trend over the week, viewing the $1.30 resistance zone as a strategic accumulation area, demonstrating strong bullish sentiment.
History Repeats? WIF May Reproduce 138% Big Pump Market
Historical data provides key references: when the WIF/BTC volatility compressed to the current level (previously occurring during the BTC consolidation at $102,000 - $105,000), WIF had a 138% explosive rise starting from a base of $0.56, while DOGE only rose by 48% during the same period. The current continuous inflow of funds on-chain and the increase in holding addresses suggest that the bottom support for WIF is being continuously solidified.
Zone rotation is imminent, WIF may become the leading engine for the next phase of the rise
If the current pattern continues, WIF is expected to benefit from three aspects:
Conclusion: The rotation window of the Meme coin zone is opening, and WIF, with a strong accumulation of 670 billion coins by whales within the week, over 250,000 holding addresses, and a technical pattern of volatility compressing to a breaking point, shows potential to take the lead following DOGE. Historical trends indicate that when the WIF/BTC volatility converges drastically, it often triggers market movements exceeding 100%. Investors need to closely monitor the defense and attack of the key resistance level at $1.30. If it breaks with increased volume and signs of DOGE fund inflow appear, WIF may initiate a new round of explosive market leading Meme coins.