The surge this morning at $WIF has now reached the peak of the descending consolidation box at 3.37. The resistance above is still very severe, and the 1-hour line has been oscillating here for quite some time without breaking through.

Now let's take a look at the technical indicators. The MACD is showing a high sell-off and there is a potential death cross forming at high levels. The KDJ is also turning downwards, indicating that the bears are gradually increasing their numbers. Therefore, all indicators are pointing bearish, but I do not recommend shorting because $BTC and $ETH are currently gathering strength to rise. So it is very dangerous; it would be better to wait for it to gather strength and break through this resistance level before going long near the resistance area.