Recently, one of the focal points of the crypto assets market, WLD, has experienced severe price fluctuations. In the past hour, the price of WLD has hovered around $1.59, during which the liquidation amount exceeded $130,000, and both long and short positions engaged in intense battles.

From a technical perspective, the one-hour candlestick chart of WLD shows significant up and down wicks, reflecting the fierce competition between large players and retail investors. Currently, around $1.58 is a key support level. If this level is broken, it may test the support at $1.52 in the short term. However, if it can break through the resistance at $1.62, it may trigger a rebound. It is noteworthy that the liquidation amount for long positions within 24 hours has reached $3.41 million, far exceeding the $410,000 for short positions, indicating that bulls are currently under significant pressure, but it also means that the momentum for a rebound is accumulating.
On a macro level, Bitcoin's fluctuations have impacted the entire crypto assets market. As a representative project combining AI and crypto assets, WLD's performance is closely related to the overall market sentiment. If the overall market sentiment improves, WLD may see an opportunity for an upward trend; conversely, if the market continues to be sluggish, WLD may also face the risk of a correction. Additionally, the latest developments in the Worldcoin ecosystem could become potential positive factors, and investors should closely monitor the relevant information released by the official sources.
Despite significant fluctuations in the short term, the long-term development prospects of WLD are still worth paying attention to. The potential for development in AI technology and identity verification remains, providing a continuous narrative foundation for WLD. For investors with a higher risk tolerance, considering a small position near $1.58 and setting a stop-loss at $1.52 could be advisable. More conservative investors may choose to wait and see, considering entry after the price breaks through $1.62.
Regardless of the strategy adopted, investors should always remember the importance of risk management, reasonably control their positions, and avoid excessive speculation. In the highly fluctuating crypto assets market, rational decision-making and strict risk control are the keys to success.