WCT is currently at a critical turning point. Although it is being suppressed by the upper edge of the previous consolidation platform in the short term, from an overall trend perspective, once it can firmly stand above the 0.30-0.31 range and accompanied by a breakthrough in Trading Volume, it is very likely to initiate a new round of pump.

The current range-bound fluctuation is actually the market undergoing a washout, while also confirming the stability of the chip structure. It is worth noting that, despite the lackluster market performance, on-chain data is showing positive growth trends. This is specifically reflected in the increase in wallet interaction frequency and the rise in API access frequency.

For investors, rather than passively waiting for a breakout to occur, it is better to layout in advance. After all, entering the market when it is at a relatively low level often leads to better investment opportunities.

The oscillating consolidation pattern of WCT precisely reflects the market philosophy of "no breaking, no standing." The current accumulation phase may be preparing for the next round of rise. Investors need to remain patient, closely monitor market trends, and seize potential breakout opportunities in a timely manner.

However, investors should also keep in mind that the cryptocurrency market is highly volatile and uncertain. Before making any investment decisions, it is essential to conduct thorough research and risk assessment.