BOSS Wallet data source, Bitcoin BTC today's market news, latest Bitcoin price: $94778.76, 24-hour drop -2.53%, trading volume $65.451 billion

According to the analysis of the candlestick chart, it is currently in a downtrend. Compared to 15:00, there has been a significant drop, breaking through the low 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 passive.
The market may be in a wait-and-see phase, waiting for new driving factors to emerge. In this case, future prices may continue to be sluggish or consolidate sideways until new market news or events occur. Investors should closely monitor market changes and potential events that may trigger price fluctuations.
In a downtrend, trading volume decreases, with both price and trading volume declining simultaneously. The Williams indicator shows that this is a time of no overbought or oversold conditions. Recent trading volume has decreased, and trading volume has reduced compared to previous hours, with price and trading volume both declining: the market is quiet, and trading is inactive.

The market is up but quiet; it is recommended to continue observing and pay attention to subsequent trading volume and price changes.

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

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