BOSS Wallet data source, ChainLink's latest price news, LINK's real-time price has risen 2.01% to $18.27, trading volume $507 million

According to the analysis results of the candlestick chart, it is currently in a consolidation trend. Compared to 11:00, there is a slight decline, but it has rebounded compared to 07:00. The price is rising but the trading volume is decreasing, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, the price increase may be difficult to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is advisable to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying interest. Market activity is low, and trading volume is decreasing. According to the Williams indicator, it is currently considered overbought. Recently, trading volume has decreased, with volume less than in previous hours, while the price rises and volume falls: upward momentum is weakening.

The market's upward momentum is weakening, and it is advisable to trade cautiously, monitor changes in trading volume, and be alert to the risk of price retracement.

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