- WLFI shows relative strength despite Bitcoin’s drop, but overall trend remains bearish
- Key support has flipped into resistance, with weak demand and ongoing selling pressure
- A break above $0.107 is needed to shift momentum, otherwise downside risk continues
The crypto market didn’t take the weekend news lightly. After comments from U.S. President Donald Trump, Bitcoin suddenly slipped below the $68,000 level, a range it had managed to hold for nearly two weeks. That break felt significant, not just technically, but psychologically too. And as usual, once BTC moved, the rest of the market followed, though not every token reacted the same way.
Altcoins broadly saw losses, but a few managed to hold up better than expected. One of those was World Liberty Financial (WLFI), which actually posted a small gain of around 2% over the past 24 hours. That’s in contrast to Bitcoin’s 3%+ drop, which makes WLFI stand out a bit… at least on the surface.
WLFI Shows Strength, but the Trend Tells Another Story
Looking closer though, the situation isn’t as bullish as it might seem. On the daily chart, WLFI still looks firmly bearish despite the recent bounce. The key support zone between $0.095 and $0.10, which had held since February, was broken earlier in the week, and that’s not something to ignore.
Now, price is hovering near that same zone again, but this time as resistance, not support. That shift matters. Volume indicators aren’t helping either, both OBV and A/D are trending lower, suggesting that selling pressure hasn’t really gone away. The CMF is also sitting below -0.05, pointing to continued capital outflows. In short… demand just isn’t strong enough right now.
Short-Term Setup Offers Mixed Signals
On the lower timeframe, things look slightly more active, but still uncertain. WLFI recently touched the 23.6% extension level near $0.0885 before bouncing a bit. The RSI on the 4-hour chart has climbed back toward the neutral 50 level, though it doesn’t look particularly strong, more like a pause than a shift in momentum.
That same $0.095 to $0.10 zone remains the key level to watch. If price gets rejected there again, which seems likely given current conditions, the downtrend could continue without much resistance. It’s one of those areas where the market tends to make a decision, and right now, the bias still leans bearish.
Bitcoin’s Next Move Could Shift the Picture
Of course, everything still circles back to Bitcoin. BTC is now sitting near a key support level, and if it manages to bounce back above $70,000, that could give altcoins a bit of breathing room. In that case, WLFI might push back above $0.10, at least temporarily.
But even then, the broader structure hasn’t changed. For WLFI to actually flip bullish on the shorter timeframe, it would need to break above $0.107, and hold it. Until that happens, the trend remains tilted to the downside, and traders will likely stay cautious, even if short-term opportunities pop up here and there.
