Looking at $WAL's recent market movement, from the candlestick trend, it indeed rose first and then fell, now at a low point. But to accurately judge whether it will rise again, just looking at historical charts is really hard to say for sure.



Why? Because there are too many factors influencing the price:

**Overall Market Sentiment** is the first thing to consider. If the entire cryptocurrency market is in a bull market atmosphere and funds are continuously flowing in, assets like this have the potential to be driven up. Conversely, if the market remains sluggish, the risk of decline is also significant. This is closely related to the broader environment.

**The project's own situation** is also crucial. Are there any new technological breakthroughs? Has the team changed? Is the application scenario expanding or contracting? These fundamentals often determine the long-term trend. For example, just releasing an important technical upgrade plan can attract a wave of buying.

**News and policies** have a particularly big short-term impact. Are there new regulatory policies? Are there major partnership announcements in the industry? When such information comes out, the price will react immediately, sometimes with quite sharp fluctuations.

**Trading volume is a key signal**. If the price is really going to go up later, the trading volume must keep up, which indicates genuine buying power is supporting the move. If the price rises but trading volume remains dead, it might just be a short-term rebound, and a decline could follow.

So, to judge the future trend of $WAL, you need to consider these aspects comprehensively. Looking at the candlestick chart alone doesn't reveal the full picture.
WAL-0,51%
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ColdWalletGuardianvip
· 11h ago
Reasonable, trading volume is the real gold and silver, candlestick charts are the most deceptive. --- Whether the rebound at the low point is genuine or not depends on whether the team has new actions. --- As soon as the policy is announced, reactions follow immediately. Now we just wait for which major news will hit next. --- If the overall environment is bad, even the best projects are useless. This is the hardest to predict. --- Relying solely on charts is indeed risky. Combining fundamentals, market sentiment, and trading volume is more reliable. --- A dead trading atmosphere makes it easy to fall again. Those who have been trapped before understand this feeling. --- When news of technical upgrades comes out, there are always people rushing in. That’s why it’s important to pay attention to the project team’s every move. --- The entire market is still sluggish; no matter how good a single coin is, it can’t create waves. --- A trading volume that doesn’t match the price is a false breakout. Wake up, everyone.
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AirdropAutomatonvip
· 11h ago
That's reasonable, but with the current poor market environment, looking at fundamentals alone won't save the situation; funds are all on the sidelines.
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LiquidationOraclevip
· 11h ago
That's right, you really can't tell just by looking at the chart. The key is to see how the overall market sentiment is; otherwise, all your efforts are in vain.
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ETH_Maxi_Taxivip
· 11h ago
That's right, just looking at charts alone can't really fool people. The key now is whether the overall market has truly started, otherwise even the most beautiful rebound is pointless. Trading volume is the real indicator, I have deep experience with this. Whether the team has a big move up their sleeve, that's the most crucial. Wait, has the $WAL project had any new developments recently? I haven't heard anything.
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BearMarketNoodlervip
· 11h ago
That's right, just looking at the candlestick charts is indeed like a blind man feeling an elephant. However, these are basic skills; the key is whether the funds can truly enter the market, and trading volume is the true litmus test.
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MrRightClickvip
· 11h ago
That's right, just looking at charts can indeed deceive oneself.
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