BOSS Wallet data source, Optimism real-time price quotes, OP's latest price today is $1.884, an increase of 3.52%, and the transaction volume is $267 million

From the analysis of the K-line chart, it can be seen that the current trend is oscillating. It is slightly higher than 08:00, slightly lower than 09:00, and higher than 07:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
The market is not hot and the trading volume is decreasing. According to the Williams indicator, the current state is not overbought or oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price rises and the trading volume decreases: the upward momentum is weakened.

The upward momentum has weakened. It is recommended to operate with caution, pay attention to changes in trading volume, and avoid blind entry.

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