Is $WCT currently at its peak?

From the contract data, it appears that there is still inflow near the high, and the increase is not significant. The market makers may be absorbing short positions, and once they have absorbed enough, they may continue to push higher, or they could be slowly opening long positions. It is also absurd that the inflow over the past 24 hours has exceeded the change in positions.

It is advised not to short just because the price is high; it is all about finding the peak, and the stop-loss is also very tight.

I shorted and also lost 😂.