BOSS Wallet data source, NEAR Protocol latest price news, NEAR real-time price rises 3.02% to $5.075, trading volume $225 million

From the analysis of the candlestick chart, it can be seen that the current trend is oscillating. Compared to 09:00, there has been a significant increase, but a decline from 05:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This divergence phenomenon between volume and price may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price retracement at high levels.
It is advised to pay attention to whether trading volume can keep up with the price increase, and whether there is new buying interest. The market is lukewarm, and trading volume is decreasing. The Williams indicator shows that there is currently no overbought or oversold condition. Recently, trading volume has decreased, trading volume has decreased compared to the previous few hours, price is rising while trading volume is decreasing: upward momentum is weakening.

Upward momentum is weakening, the market is lukewarm, it is advisable to operate cautiously, pay attention to changes in trading volume, and avoid entering blindly.

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