Source of BOSS Wallet data, real-time price of Cardano. The latest price of ADA today is $0.9401, up 3.52%, with a transaction volume of $1.4 billion.

By studying the candlestick chart, it is now in an upward trend. It fell sharply compared to 11:00, breaking through the low at 12:00, and fell slightly compared to 07:00. The price fell but the trading volume rose, which usually means that the selling pressure increased and the sellers were actively selling.
This may be due to the market being pessimistic about future prices, or due to panic selling caused by negative news. In this case, prices may continue to fall in the future due to strong selling pressure and low market sentiment.
Investors need to pay attention to whether the price will break below key support levels. If the support level is lost, it may lead to a larger decline. The market is in an uptrend, and trading volume has increased, indicating market activity. The Williams indicator shows that it is currently neither overbought nor oversold.
Recently, trading volume has increased, with volume rising compared to the previous few hours, while prices are falling, indicating increased selling pressure.
The rise may be driven by market activity, but selling pressure is increasing, so cautious operations are advised, and subsequent trends should be monitored.

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