Source of BOSS Wallet data, Cardano price today, ADA latest price breaks through to $0.7663, up 2.04%, trading volume $1.956 billion
Through the analysis of the K-line chart, it is currently in an upward trend. It is slightly higher than 17:00, slightly lower than 18:00, and lower than 10:00. The price is falling but the trading volume is rising, which usually means that the market selling pressure is increasing and the sellers are actively selling.
This may be due to the market's pessimistic expectations for future prices or panic selling caused by negative news. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels. If support levels are lost, it may trigger a larger decline.
The volume increased, but the price fell, indicating that the selling pressure increased. According to the Williams indicator, it is not overbought or oversold now. The volume has increased recently, and the volume has increased compared with the previous few hours. The price fell and the volume increased: the selling pressure increased.

The market trend is not in line with expectations. It is recommended to continue to wait and see and pay attention to key support levels.
The above content is for reference only and does not constitute investment advice.