BOSS Wallet data source, NEAR Protocol real-time price trend, the latest price of NEAR today reached $5.058, with an increase of 3.52%, trading volume $225 million

The candlestick chart shows that the current trend is oscillating. Compared to 09:00, there has been a significant increase, but a decline compared to 05:00. When prices rise while trading volume decreases, it usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between volume and price is often due to a lack of selling pressure. In this case, future prices may pull back or consolidate sideways. Without support from trading volume, it is difficult for prices to sustain an increase, and there is a risk of a high position pullback. Investors should pay attention to whether trading volume can accompany price increases and whether new buyers are entering the market.
Market enthusiasm is low, and trading volume has decreased. According to the Williams indicator, the current state shows no overbought or oversold conditions. Recently, trading volume has decreased, with volume down compared to the previous few hours, prices have increased, but volume has dropped: upward momentum is weakening.

Upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in trading volume, and avoid blind entry.

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