WIF's

↘20%

monthly slide is accelerating as

and declining trader interest signal continued weakness.

Selling pressure dominates across metrics

Holders are selling at a loss while fear grips the market, with heavy selling pressure evident in blockchain data over recent days. The technical analysis

suggests further downside risk unless key levels hold.

Downtrend extends across timeframes

WIF dropped roughly

↘20%

over the past month and approximately

↘10%

over the past week, trailing the Memecoin category average by around 18 percentage points monthly.

Trading participation drops sharply

Trading volume fell roughly

↘17%

over the past week while the number of active traders plummeted approximately

↘34%

in the past 24 hours, reflecting waning interest.