BOSS Wallet data source, Avalanche real-time price quotes, AVAX's latest price today is $33.101, up 3.06%, with a transaction volume of $1.59 billion
From the K-line chart, we can see that it is now a volatile trend. Compared with 19:00, it fell sharply, broke through the low point at 20:00, and fell slightly compared with 13:00. When the price falls and the trading volume rises, it often means that the selling pressure is increasing and the sellers are actively selling.
This situation may be due to the market's pessimistic expectations for future prices, or the impact of negative news, triggering panic selling. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should pay attention to whether prices will fall below key support levels. If the support level is broken, it may trigger a larger decline.
The market is hot, but the price is falling. According to the Williams indicator, it is not overbought or oversold. The trading volume has increased recently, and the trading volume is higher than in the previous hours. The price is falling and the trading volume is rising: the selling pressure is increasing.
The market is rising but selling pressure is increasing. It is recommended to wait and see, pay attention to key support levels, and make decisions after the market stabilizes.
The above content is for reference only and does not constitute investment advice.

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