BOSS Wallet data source, Shiba Inu today's market news, SHIB latest price: $0.00003262, 24-hour increase 26.78%, trading volume $5.847 billion

According to the K-line chart analysis, it is currently in a volatile trend. Slightly up compared to 12:00, slightly down compared to 13:00, and has rebounded compared to 10:00. When the price rises while trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This divergence phenomenon between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, price increases are difficult to sustain, and there is a risk of a pullback from high levels. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure is entering the market.
Trading volume decreases, and price rises. The Williams indicator indicates that it is currently overbought. Recently, trading volume has decreased, trading volume compared to the previous few hours has reduced, price is rising, and trading volume is declining: upward momentum is weakening.
Market upward momentum is weakening, it is recommended to remain cautious and pay attention to changes in trading volume and new buying pressure.

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