BOSS Wallet data source, ChainLink today's price trend, LINK's latest price has broken through to $20.07, with an increase of 2.03%, trading volume $884 million

After analyzing the candlestick chart, it is currently in a fluctuating trend. Compared to 14:00, there was a significant drop, breaking through the low point of 12:00. When both price and trading volume decline simultaneously, it usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to be sluggish or move sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that may trigger price fluctuations.
In a fluctuating trend, trading volume decreases, and both price and trading volume decline simultaneously. According to the Williams indicator, the current market condition is oversold. Recently, trading volume has decreased, with volume lower than in previous hours, and both price and volume are declining: the market is quiet, and trading is inactive.

The rise may be a short-term fluctuation; it is recommended to continue observing and waiting for the market to become clearer.

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