BOSS Wallet data source, NEAR Protocol latest price news, NEAR real-time price has risen by 3.00% to $7.477, trading volume $1.03 billion

According to the analysis of the K-line chart, the current trend is fluctuating. Slightly up compared to 20:00, slightly down compared to 21:00, and recovered compared to 17:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening of the upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation due to the lack of volume support, making it difficult for price increases to sustain. Investors should be cautious of the risk of a high position pullback and monitor whether the trading volume can keep up with the price increase and if new buying pressure emerges.
Market enthusiasm is low, and trading volume has decreased. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased; compared to the previous few hours, the trading volume has decreased while the price is rising, indicating a weakening of upward momentum.

The market's upward momentum is weakening, suggesting cautious operations, and monitoring changes in trading volume and new buying pressure.

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