BOSS Wallet data source, ChainLink real-time price information, the latest LINK price today reached $20.83, with a rise of 3.53%, and a trading volume of $515 million.

Based on the analysis of the candlestick chart, the current trend is sideways. Compared to 14:00, there has been a significant increase, a recovery compared to 09:00, and a decline compared to 13:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes sustained price increases difficult. Investors should be cautious of the risk of pullbacks from high levels and pay attention to whether trading volume can keep up with rising prices and whether new buying interest is emerging.
In a sideways trend, trading volume decreases while the price rises. According to the Williams indicator, the current situation is overbought. Recent trading volume has decreased, with volume down compared to previous hours, while prices are rising, indicating weakening upward momentum.

The market's upward momentum is weakening, and it is recommended to remain cautious, be aware of the risk of pullbacks from high levels, and monitor changes in trading volume.

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