BOSS Wallet data source, real-time price of Bitcoin BTC, the latest price of BTC today reached $93142.59, with an increase of 1.00%, trading volume $54.541 billion

From the candlestick chart, it can be seen that it is currently in a volatile trend. Compared to 05:00, there is a significant increase, and a recovery compared to 01:00, breaking through the high point of 06:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is often due to a lack of selling pressure. In this case, future prices may correct or consolidate. Due to the lack of trading volume support, price increases are difficult to sustain, and caution should be exercised regarding the risk of a high-level pullback. Investors should pay attention to whether trading volume can support price increases and whether new buying pressure is entering the market.
Market activity is low, and momentum is weakening. The Williams indicator shows that it is currently neither overbought nor oversold. Recent trading volume has decreased, trading volume has reduced compared to the previous few hours, price is rising, and trading volume is decreasing: upward momentum is weakening.

Upward momentum is weakening, it is recommended to be cautiously observant, waiting for market sentiment to recover, and paying attention to changes in trading volume.

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

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