BOSS Wallet data source, the latest price news of Cardano, ADA real-time price rose by 2.02% to $0.6609, and the transaction volume was $1.956 billion
According to the analysis of the K-line chart, it is now in an upward trend. It fell sharply compared to 13:00, rebounded compared to 08:00, and fell compared to 09:00. The price rose but the trading volume fell, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
Market sentiment is low and prices are moving upward. Williams' indicator shows that the current market state is neither overbought nor oversold. The trading volume has decreased recently, and the trading volume is lower than in the previous hours. The price is rising and the trading volume is falling: the upward momentum is weakening.

The market's upward momentum has weakened. It is recommended to remain on the sidelines, pay attention to changes in trading volume, and be wary of price correction risks.
The above content is for reference only and does not constitute investment advice.