BOSS Wallet data source, Ethereum ETH today's price trend, the latest price of ETH Ethereum has broken through to $3606.18, with an increase of 1.00%, trading volume of $38.282 billion

Analysis through candlestick chart indicates that there is currently a downward trend. Compared to 09:00, there has been a significant increase, a recovery compared to 08:00, and a decline compared to 02:00. Prices are falling but trading volume is rising, which usually indicates increased selling pressure, with sellers actively selling.
This may be due to the market's pessimistic outlook on future prices or panic selling triggered by negative news. In this case, future prices may continue to decline, as selling pressure is high and market sentiment is low.
Investors need to pay attention to whether prices will break through key support levels. If the support level is lost, it may lead to a larger decline. The market is active, but selling pressure is increasing. The Williams indicator shows that the current state is oversold. Recent trading volume has increased, with trading volume rising compared to previous hours, while prices are falling: selling pressure is increasing.

Market trends are not consistent with expectations, and there may be other factors at play. It is recommended to continue operating cautiously and monitor market dynamics.

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