币界网报道：Background information: dogwifhat (WIF) has faced heavy selling pressure in the past three weeks, with prices fluctuating between $0.7 and $1.3. Main events: - The weekly chart shows that the $0.76 level was broken in early May, forming an important demand range ($0.7-$0.8). - The price has recently fallen back from $1.2-$1.3 and has failed to effectively hold the psychological barrier of $1. - The 12-hour chart shows that although it has broken through $0.987, it has failed to maintain the supply zone of $0.98-$1. The volume indicator (OBV) is on a downward trend, indicating that selling pressure continues. - Affected by the correction of Bitcoin prices, WIF lacks a clear direction in the short term and may fall back to around $0.8. Potential impact: Investors should remain patient and pay attention to whether the price can break through the key resistance levels of $1 and $1.2. There is still uncertainty about the future trend. Disclaimer: The information in this article does not constitute any investment advice, but only the author's opinion.