The market sentiment displayed by $W through net inflows shows a net outflow in the short term, but has shown net inflows in the past 3 to 5 days, indicating the potential for medium- to long-term stability. Spot trading distribution shows that most of the trading volume is concentrated in the price range of 1.274 to 1.31, indicating that these levels may provide support for the price. The increase in the long-short ratio and contract trading volume indicates that the market sentiment is biased towards the bulls, and traders are more inclined to hold long positions. The change in open interest shows a positive trend, indicating that the liquidity of the contract market is increasing. Therefore, the overall trend of $W is bullish in the short term, and the price may rise slightly in the next week, and a more obvious upward trend will develop in the next month.