BOSS Wallet data source, NEAR Protocol real-time price trend, NEAR's latest price today reached $7.324, with an increase of up to 3.53%, trading volume $985 million

According to the analysis results of the candlestick chart, it is currently in a consolidation trend. Slightly up compared to 20:00, slightly down compared to 21:00, and has rebounded compared to 17:00. Prices are rising but trading volume is declining, which usually indicates a weakening of the market's upward momentum and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to a lack of sell orders. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their upward movement. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and whether new buying interest emerges.
Market activity is low, and momentum is weakening. The Williams indicator shows that it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume down compared to the previous few hours, prices rising, and trading volume declining: upward momentum is weakening.

Upward momentum is weakening, it is recommended to be cautious and observe, paying attention to changes in trading volume and new buying interest.

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