BOSS Wallet data source, the latest Bitcoin BTC price news, BTC real-time price rose 1.00% to $88136.5, transaction volume $118.049 billion
According to the analysis of the K-line chart, it is now in a downward trend. It has risen significantly compared to 17:00, rebounded compared to 15:00, and declined compared to 10:00. Rising prices but falling trading volume usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention. The market activity is low and the momentum is weakening. The Williams indicator shows that this is a period without overbought and oversold. The trading volume has decreased recently, and the trading volume is less than in the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakening.

The market's upward momentum has weakened. It is recommended to remain cautious, pay attention to changes in trading volume, and wait for the market to stabilize.
The above content is for reference only and does not constitute investment advice.