BOSS Wallet data source, Avalanche real-time price data, the latest AVAX price today reached $36.88, with an increase of 3.02%, trading volume $262 million

According to the analysis results of the candlestick chart, it is currently in a fluctuating trend. Compared to 15:00, it has significantly dropped, risen compared to 09:00, and decreased compared to 13:00. When the price rises while the trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for the price to sustain its rise, and one should be cautious of the risk of a pullback from high levels. Investors should pay attention to whether the trading volume can accompany the price increase and whether new buying interest is entering the market.
The market activity is low, and momentum is weakening. The Williams indicator shows that the current market is neither overbought nor oversold. Recent trading volume has decreased, with trading volume lower than in the previous hours, price rising while volume decreases: upward momentum is weakening.

Upward momentum is weakening, it is advisable to remain cautious, pay attention to market sentiment and changes in trading volume, and guard against a pullback from high levels.

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