BOSS Wallet data source, Big Time today's market news, BIGTIME latest price: $0.14775, up 4.99% in 24 hours, transaction volume $18.07 million

From the analysis of the K-line chart, it is now an upward trend. Compared with 12:00, it fell sharply, rebounded compared with 05:00, and fell compared with 11:00. When the price rises but the trading volume decreases, it usually means that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of price decline at high levels and pay attention to whether trading volume can keep up with the price increase and whether there is new buying intervention.
Uptrend, volume decreases, price increases. According to Williams's indicator, the current state is overbought. The volume has decreased recently, and the volume is lower than in the previous hours. The price increases, and the volume decreases: the upward momentum is weakening.

The upward momentum has weakened. It is recommended to remain cautious, reduce positions appropriately, and pay attention to subsequent trends.

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