If you're on iOS, this is an ongoing problem we are having.
You (& everybody else) have to make a change to your wishlist every single day, or it won't show up to your friends - there will be no arrow to turn the card, even though you really do have items on it.
I think some of my friends are not making changes every day. A dozen now have no wishlist & red icons, but only 2 say they are on break.
If you are on pc or android though, then your friends probably have taken down their wishlist to catch up gifting back.