The crypto market is experiencing a pullback, with Bitcoin and Ethereum dropping in value. This has affected the momentum of altcoins, including Dogwifhat (WIF), a Solana-based meme coin. WIF has seen a moderate gain of 3.27% in the last 24 hours, trading at $2.96 with a market cap of $2.96 billion. Despite this gain, WIF has lost over 11% in the past seven days. A whale has transferred 1.2 million WIF tokens to Coinbase, making a profit of over $3 million. WIF's four-hour price diagram suggests a downside momentum, potentially pushing the price below its current trading mark. However, if WIF regains momentum, it could reach a high of $3.34 or even exceed its all-time high of $4.85. Technical analysis indicates active bearish momentum, with the MACD line below the signal line and the CMF indicator suggesting decreased money flow. The market sentiment for WIF is neutral to slightly oversold, with the RSI at 39.



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