BOSS Wallet data source, Ethereum real-time price trend, the latest price of ETH Ethereum today reached $3358.56, with an increase of 1.00%, trading volume $25.579 billion

According to the analysis of the K-line chart, it is currently in a downward trend. Compared to 15:00, it rose significantly, but has decreased compared to 09:00. The price has fallen while trading volume has increased, which usually indicates increased selling pressure, with sellers actively offloading.
This may be due to the market's pessimistic attitude towards future prices, or negative news triggering panic selling. In this case, future prices may continue to fall, as there is significant selling pressure and market sentiment is negative. Investors should be cautious about whether the price will break through key support levels; if support levels are breached, it could lead to a larger decline.
Rising trading volume, falling prices, and significant selling pressure in the market. The Williams indicator indicates that the current phase is neither overbought nor oversold. Recent trading volume has increased, with volume rising compared to the previous few hours, while prices have fallen and volume has risen: increased selling pressure.

Although up 1.0%, selling pressure remains high, and it is advisable to continue reducing positions to manage risk.

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

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