BOSS Wallet data source, Bitcoin BTC latest price news, BTC Bitcoin real-time price increased by 1.00% to $96739.99, trading volume $46.695 billion

According to the analysis of the K-line chart, it is currently in an upward trend. Compared to 08:00, there is a significant increase, but a decline compared to 02:00. When the price rises but the trading volume decreases, it usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling pressure. In this context, future prices may experience a pullback or consolidation due to the lack of support from trading volume, making it difficult for price increases to sustain. Investors should be cautious of the risk of price retreating at high levels and monitor whether the trading volume can keep up with the price increase, as well as whether there are new buyers entering.
Market sentiment is sluggish, with prices rising. According to the Williams indicator, the current situation shows no overbought or oversold conditions. Recently, trading volume has decreased, with volume lower than in the previous few hours, prices rising, and volume decreasing: upward momentum is weakening.

Upward momentum is weakening, it is recommended to stay on the sidelines, focus on volume-price changes, and be wary of the risk of high-level pullbacks.

The above content is for reference only and does not constitute investment advice.

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