BOSS Wallet data source, Solana SOL today's price trend, the latest price of SOL Solana has broken through to $190.4, an increase of 2.02%, trading volume $2.156 billion

According to the candlestick chart, it is currently in a volatile trend. Compared to 12:00, it has significantly increased, rebounding from 10:00, and breaking through the high point of 09:00. When the price rises but trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be cautious of the risk of price retreating from high levels and pay attention to whether trading volume can keep up with the price increase, as well as whether new buyers are entering.
Overbought condition, trading volume decreasing, price rising. According to the Williams indicator, the current situation is overbought. Recent trading volume has decreased, lower than in the previous few hours, with prices rising and volume declining: upward momentum is weakening.

Upward momentum is weakening, it is recommended to wait and see, and make decisions after the market direction is clear.

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