Recently, the overall market has been sideways and oscillating, with most coins suffering through a downward trend, but WAL's performance is quite interesting—choosing to move sideways with reduced volume. If you look back at historical K-line charts, you'll find that this rhythm repeatedly appears in the early stages of strong infrastructure-type coins. It's not that no one is optimistic; rather, the main players simply don't need to attract attention through sudden surges. Why? Because the chips have long been in the hands of those who should have them, and artificially pumping the price at this point would seem cheap.

Many people are now debating whether WAL is a short-term opportunity. To be honest, this question itself is somewhat off the mark. The real variable here is: Is it possible for it to develop a "pricing logic independent of the overall market"?

Consider this logic—once a project is priced by the market according to its own rhythm, it completes a transformation of identity: from a follower to part of a structure. In simple terms, it is no longer controlled by the market’s overall rhythm but begins to influence market perceptions of similar assets. That’s the truly worth watching. The seemingly dull sideways movement with reduced volume might actually be a sign of building momentum.