BOSS Wallet data source, Ethereum (ETH) current price today is $3347.45, an increase of 1.07%, with a trading volume of $26.353 billion.

According to the analysis of the candlestick chart, there is currently an upward trend. Compared to 20:00, there has been a significant decline, but there is some recovery compared to 13:00. The price has decreased but the trading volume has increased, which usually indicates increased market selling pressure, with sellers actively selling.
This may be due to market expectations for future prices becoming pessimistic or panic selling triggered by negative news. Future prices may continue to decline due to high selling pressure and pessimistic market sentiment. Investors should be cautious about whether the price will break below key support levels; if the support level is lost, it may lead to a larger decline.
The trading volume is increasing while the price is decreasing, indicating selling pressure. According to the Williams indicator, the current situation is oversold. Recently, trading volume has increased, with a rise in volume compared to the previous hours, while the price is falling and volume is rising: selling pressure is increasing.
Market selling pressure still exists, and it may be difficult for the upward trend to continue. It is recommended that investors exercise caution and observe, paying attention to support levels.

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