#walrus @Walrus 🦭/acc

Bearish sentiment around $WAL stems from recent price slips and broader crypto market pressures as of January 2026.

Technical Pressures:WAL dropped 7% to $0.1386, with RSI neutral but high 30-day volatility (10.94%) signaling further pullback risk to $0.1067 short-term. Fear & Greed Index at 44 reflects caution amid weak momentum and potential death cross in moving averages.

Market Factors:

Sui ecosystem slowdown, profit-taking post-TGE, and macro headwinds like regulatory uncertainty under new U.S. administration dampen hype. Low trading volume and overbought signals post-airdrop contribute to retail caution.

Recovery Catalysts:

Upside hinges on staking adoption, AI data storage partnerships, and Sui mainnet upgrades; optimistic forecasts eye $0.39+ by year-end if sentiment flips.