In the last few hours, the Worldcoin (WLD) market has shown significant volatility. WLD has slightly risen by 1.63% within a day, reaching $1.29. However, looking at a longer period, the performance of WLD is not optimistic. Over the past week, its price has fallen by about 8.8%, compared to $1.52 a month ago, now it has dropped to around $1.30, with a decline of nearly 17%. Nevertheless, the trading enthusiasm for WLD remains strong, with a 24-hour trading volume reaching $237 million.

Market analysts point out that WLD is currently in a critical price testing phase. At present, its price hovers around 1.26 USD, which may indicate an upcoming significant price fluctuation. Some believe that if WLD can solidify within the support range of 1.20 to 1.25 USD, it may experience a surge, with target prices reaching 2.14 USD or even 3.33 USD. However, if it falls below this support level, WLD may further drop to 1.00 USD or lower.

It is worth noting that there have been some important catalytic factors in the market recently. Eightco Holdings announced that it would include WLD in its fiscal reserves and conducted a $250 million private placement, which is seen as a demonstration of confidence in the long-term development of WLD. Additionally, the collaboration between NVIDIA and OpenAI has also had a positive impact on the "human verification" application scenarios of WLD. However, the recent token unlocking event has resulted in 4.89 million WLD tokens, worth $53 million, entering circulation, which may bring some selling pressure in the short term.

For investors, the current high volatility of WLD requires extra caution. Although there are institutions actively positioning themselves and potential technological integrations bringing positive news, factors such as token unlocks may also trigger short-term falls. Therefore, when making investment decisions, it is advisable to comprehensively consider technical indicators, market sentiment, and macroeconomic factors, and prudently assess risks. At the same time, closely monitor the performance of key support and resistance levels, waiting for clearer market signals, such as a stable rebound from the support level or a breakthrough of the $1.53 resistance level, before making investment judgments.