✅ WCT Price Drops 4.92% — Profit-Taking & Bitcoin Dominance in Play

📉 WalletConnect Token (WCT) is under pressure after a massive 276% rally in May. Here’s what’s happening:

🔹 Post-Airdrop Profit-Taking

WCT peaked at $1.30 after the Solana airdrop — now down 46%.

🔹 Bearish Technicals

• RSI: 33.32 (oversold)

• MACD: Bearish

• Price below 10D & 50D SMAs

• Support: $0.401

🔹 Bitcoin Stealing the Spotlight

• BTC dominance: 63.26%

• Altcoin Season Index: 30/100

• Fear & Greed: 61 (Greed) but ETFs show $545M outflows

💡 Conclusion:

WCT faces pressure as capital rotates into Bitcoin. Holding $0.40 is key. Watch BTC’s moves & WCT volume for clues!

#WCT #CryptoNews #BitcoinDominance

A split-screen crypto chart design. Left side: a red WCT candlestick chart trending downward with a -4.92% label. Right side: a glowing Bitcoin symbol rising above other altcoins, with the words “Bitcoin Dominance: 63.26%”. Add text overlays: “WCT Under Pressure” and “Will $0.40 Hold?”.