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WCT has recently been turbulent. The price dropped to 0.0821, a significant decline, but interestingly, capital inflow has not stopped—latest data shows an hourly inflow of 134,331.85 USDT. Behind this contradictory phenomenon, it reflects a tug-of-war in the market.
From a technical perspective, the situation is indeed somewhat delicate. The RSI has plummeted to 20.92, which is close to the extreme oversold bottom line. History tells us that whenever the indicator drops to this level, a short-term rebound is often not far off. However, at the same time, the 7-period EMA has crossed below the 25-period EMA, and the MACD histogram has turned negative, indicating that the bearish forces still hold the upper hand.
Whale movements are worth paying attention to. Some community members have noticed large holders transferring 420,000 WCT into strategic wallets, a signal that has appeared before major accumulation phases. Whether this is a bottom-fishing move or just position shifting remains uncertain.
Risks should not be overlooked either. Volatility (ATR and STDEV) has risen significantly, suggesting that prices may continue to fluctuate violently. Additionally, there are recent signs of investors shifting towards the energy sector, which could trigger short-term liquidity loosening in the cryptocurrency market. Market sentiment is volatile, and stability remains to be seen.
Overall, WCT is at a sensitive turning point—oversold signals and capital inflows both hint at a possible rebound opportunity, but the bearish trend and high volatility also remind investors to stay cautious.