Are you bullish or bearish in $WCT this time?
📊 Key Market Insights
Current price: +0.06%) in recent trading .
24‑hour performance: Up approximately +3.9–4.8%, with a low around $0.37 and high near $0.396 .
•7‑day trend: Slightly down ~‑4% from a week ago .
•Market cap: Circa $73 M, based on ~186M circulating WCT tokens .ķi7
•24‑hour volume: Trading volumes in the range of $44 M–$51 M .
🔍 Recent Price Context
•All-time high: ~$1.35–1.39 in late May/early June 2025—current price is nearly −70% off that peak .
Cycle low: Around $0.281 recorded mid-April 2025—current price remains about +40% above that bottom .
🧭 Technical & Sentiment Overview
Volatility: Extremely high—matches crypto norms and WCT’s recent sharp swings .
Sentiment indicators: Greed bias (e.g., Fear & Greed index at ~61), but predictions lean bearish .
🗓️ Upcoming Events
Token unlocks: Modest releases (~4M WCT, ~0.4% of total supply) scheduled monthly (July, August, September 2025) with a major unlock (~13% of supply) expected in mid‑November .
📈 What This Means for You
•Short-term: Strong daily gains suggest momentum, but weekly bearish trend and upcoming unlocks could exert pressure.
•Medium-term: Just 19% of supply has circulated; upcoming unlocks may introduce new sell-side dynamics.
•Long-term: Pullback from ATH highlights speculative nature. Watch token unlock schedule and on‑chain adoption.
🔎 Watchlist & Strategy
Focus Area and Why It Matters
•Token unlock schedule : Potential price dips from increased supply
•Volume & momentum : Sustains upward moves if liquidity remains strong
•WCT utility adoption : Growth in staking/governance use adds value
•Broader market moves : WCT often moves in tandem with Ethereum and crypto markets
✅ Summary
WCT is exhibiting intraday bullishness (+3–5%), yet remains subdued from recent highs and vulnerable to supply-driven sell-offs. Anyone trading it should weigh near-term momentum against looming token unlocks and broader crypto sentiment.