BOSS Wallet data source, Filecoin today's price trend, the latest FIL price has broken through to $7.063, with an increase of 2.02%, trading volume $828 million

Based on the K-line chart analysis, the current trend is fluctuating. Compared to 17:00 there is a significant increase, a rebound from 10:00, and a decline from 12:00. The price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, the future price may pull back or consolidate sideways. Due to the lack of support from trading volume, price increases may be difficult to sustain, and investors should be wary of the risk of price retreating from high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase and whether there are new buyers entering the market. Market enthusiasm is low, and trading volume is decreasing. The Williams indicator shows that the current market status is overbought. Recently, trading volume has decreased, with trading volume lower than in previous hours, price increasing, and trading volume decreasing: upward momentum is weakening.

The market's upward momentum is weakening, with a risk of pullback. It is recommended to operate cautiously and pay attention to changes in trading volume.

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