BOSS Wallet data source, NEAR Protocol price today, NEAR latest price breaks through $5.588, up 3.06%, transaction volume $881 million
According to the analysis of the K-line chart, it is now in a volatile trend. It fell sharply compared to 17:00 and rebounded compared to 15:00. The price rises but the trading volume decreases, which usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying. In the oscillating trend, the trading volume decreases and the price rises. According to the Williams indicator, it is now overbought. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakened.

The market's upward momentum has weakened. It is recommended to wait and see, pay attention to changes in trading volume, and be wary of the risk of price decline.
The above content is for reference only and does not constitute investment advice.