BOSS Wallet data source, Bitcoin BTC price today, BTC Bitcoin latest price broke through to $91631.9, an increase of 1.04%, transaction volume $85.892 billion
According to the candlestick chart, the current trend is downward. It has risen significantly compared to 18:00, rebounded compared to 15:00, and declined compared to 10:00. Rising prices but declining trading volume usually indicate that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
The recent trading volume has decreased, and the price has risen. The Williams indicator indicates that it is currently overbought. The recent trading volume has decreased, and the trading volume is lower than in the previous hours. The price has risen, and the trading volume has decreased: the upward momentum has weakened.
The upward momentum has weakened, so we recommend being cautiously optimistic, paying attention to changes in trading volume, and being wary of the risk of falling back from highs.
The above content is for reference only and does not constitute investment advice.