Against the backdrop of volatility in the stablecoin sector, WSI may receive additional attention in the short term due to increased market risk appetite, with expected rises in trading volume and volatility. However, the sentiment effect is short-lived, and continued monitoring of market liquidity and macro policies' impact on risk assets is necessary. Currently, WSI’s technical signals show a pattern of consolidation. Investors are advised to build and take profit positions in batches within the relatively narrow range, and to set strict stop losses based on short-term moving average crossovers and volume changes, in order to avoid sudden sentiment reversals. Additionally, confirming key support and resistance levels is extremely important, and close attention should be paid to accompanying trading volumes to identify genuine breakout signals.

Recently, stocks of companies listed in the A-share market related to stablecoins have been highly active, with multiple stocks achieving gains of over 9% in a short period. This phenomenon reflects investors' strong interest and positive expectations towards the stablecoin concept sector. As a member of the stablecoin ecosystem, WSI is likely to attract additional capital attention in the context of rising market risk appetite, potentially exhibiting increased trading volume and volatility in the short term. However, sentiment is usually time-sensitive, and it is necessary to pay continuous attention to overall market liquidity changes and the transmission effects of macro liquidity policies on risk assets in the future.

On June 23, data from Tonghuashun revealed that stablecoin-related stocks were active in the A-share market. The top six stocks on Tonghuashun's hot list in the past hour were all related to stablecoins, including Hengbao Co., Sifang Jingchuang, Annie Co., Chutianlong, Dongxin He Ping, and Lakala, with daily gains of 9.39%, 14.28%, 9.97%, 9.04%, 2.49%, and 11.59%, respectively.

Data: The top 6 stocks in the recent 1-hour hot list on Tonghuashun are all related to stablecoin concepts.

Currently, WSI does not display a sustained trend signal, with both the bulls and bears frequently contending within a relatively narrow range. In the short term, the price may fluctuate within established support and resistance zones, lacking a clear unilateral driving force. It is recommended to focus on the following technical points:
- Key Support/Resistance: Take previous high and low areas as reference points.
- Short-term Moving Average Crossover: If a bullish crossover occurs on the short-term moving averages accompanied by increased volume, it may be considered a confirmation signal for a staged breakout; conversely, a bearish crossover indicates increased caution when going long.
- Volume Confirmation: A breakout or retracement without volume support is likely to be a false signal, so it is advisable to wait for secondary confirmation.
In practice, investors may adopt progressive position building and profit-taking in the consolidation range, strictly control single-trade allocations, and set reasonable stop losses to hedge against sudden sentiment reversals.

WeSendit

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