WIF's recent performance is indeed quite interesting. Looking at the daily chart, this coin has been stuck in a huge wedge range since May last year, fluctuating back and forth, but it has yet to break out completely. Although the pattern shows a desire to move upward, the market is still digesting previous pressure, requiring more time to brew.

From an indicator perspective, the stochastic momentum index SMI is currently at 41, indicating a slightly overheated condition. However, because it is above the signal line at 11.8, it still signals a short-term bullish trend, meaning buying momentum is warming up again. More notably, the Chaikin Capital Flow shows funds flowing into meme coins, which can be seen from the past two days' trading volume—two large investors have poured over $2.5 million into WIF within 48 hours, indicating that whales are still interested in this coin.

Connecting these signals, WIF's breakout is almost certainly just a matter of time. With continuous buying pressure, breaking through this long-term consolidation range is possible. But don’t forget, even if a breakout occurs, the oscillation and pullback within the wedge will still happen; short-term traders should be prepared for volatility. Especially for beginners, the best approach is to hold support and resistance levels, participate cautiously, avoid chasing highs, and not over-leverage. Patience is key—wait until the trend is fully clear before taking action.