BOSS Wallet data source, NEAR Protocol real-time price quotes, NEAR's latest price today is $5.613, up 3.54%, and the transaction volume is $278 million

According to the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 08:00, slightly lower than 09:00, and higher than 01:00. The price rises but the trading volume decreases, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
Trading volume decreases, price rises. According to the Williams indicator, it is currently in the overbought territory. Recently, trading volume has decreased, trading volume is lower than a few hours ago, price has risen, and trading volume has decreased: upward momentum weakens.
Upward momentum weakens, a pullback or consolidation may occur, it is advisable to watch and be wary of the risk of a high-level retreat.

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