BOSS Wallet data source, Uniswap real-time price information, the latest UNI price today reached $7.651, with an increase of 3.00%, trading volume $265 million
According to the K-line chart, it is currently in a sideways trend. Compared to 22:00, there was a significant drop, breaking through the low point of 18:00, and a decrease compared to 14:00. When the price drops while trading volume increases, it usually indicates that the market's selling pressure is increasing, and sellers are actively selling.
This situation may be due to the market's pessimistic expectations for future prices, or being influenced by some negative news, leading to panic selling. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment.
Investors should be cautious about whether the price will break through key support levels. If the support level is breached, it could trigger a larger decline. Price is trending down, and selling pressure is increasing. The Williams indicator shows that the current state is neither overbought nor oversold.
Recently, trading volume has increased, with volume rising compared to previous hours, and price declining: selling pressure is increasing.
The rise may be a temporary rebound; it is advised to hold positions cautiously, pay attention to key support levels, and avoid blindly increasing positions.
The above content is for reference only and does not constitute investment advice.