币界网报道：Dogwifhat (WIF) price plunged over 30% after failing to break through a critical resistance level at $2.50, marking a significant pullback for the Solana-based meme coin. The cryptocurrency had seen a strong rally earlier this week, climbing to $2.48 before facing rejection at the key psychological barrier. Analysts note this correction aligns with broader market trends as Bitcoin and Ethereum also experienced minor retracements. On-chain data shows increased selling pressure from early investors taking profits, while derivatives markets recorded $2.8 million in WIF long positions liquidated during the downturn. Despite the drop, trading volume remains elevated at $280 million, suggesting continued interest in the asset. Some technical analysts point to potential support around $1.80, where previous accumulation occurred, though caution prevails as meme coins typically exhibit higher volatility. The WIF community remains active on social media, with many holders expressing long-term bullish sentiment despite the short-term price action.