BOSS Wallet data source, Ethereum's latest price news, ETH's real-time price has risen by 1.02% to $3358.98, trading volume $22.155 billion

After analyzing the K-line chart, it is found that it is currently in a downtrend. Compared to 23:00, there has been a significant rise, recovering from 17:00 and breaking through the high point of 22:00. The simultaneous rise in price and trading volume is a sign of strong market buying interest, indicating that buyers are willing to make large trades at higher prices, reflecting optimistic market sentiment and strong bullish sentiment.
In this case, prices are expected to continue rising due to strong market momentum and ongoing buying interest. It is recommended that investors pay attention to the breakout of key resistance levels. If prices can consistently break through and stabilize at higher levels, it will confirm the continuation of the upward trend.
In a downtrend, trading volume is increasing, and market enthusiasm is high. According to the Williams indicator, the current market state shows no overbought or oversold conditions. Recently, trading volume has increased, with volume rising compared to the previous few hours, and both price and volume are up: trading is active, and upward momentum is strong.

Strong market buying interest indicates that the upward trend is likely to continue. It is recommended that investors pay attention to the breakout of key resistance levels.

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

#ETH