BOSS Wallet data source, ChainLink real-time price market, the latest price of LINK today reached $14.722, with an increase of 2.03%, and a trading volume of $546 million.
By analyzing the candlestick chart, it is currently in a volatile trend. Compared to a significant drop at 10:00, it broke below the low point at 11:00 and has decreased compared to 03:00. The price is declining but the trading volume is increasing, which usually indicates increased selling pressure, with sellers actively unloading.
This may be due to the market's pessimistic outlook on future prices or negative news triggering panic selling. In this case, future prices may continue to decline due to high selling pressure and pessimistic market sentiment. Investors should be alert to whether prices will break through key support levels; if support is breached, it could lead to a larger decline.
Price is declining, and selling pressure is increasing. According to the Williams indicator, it is currently in a state of neither overbought nor oversold. Recent trading volume has increased, with trading volume rising compared to the previous few hours, price decreasing, and trading volume increasing: selling pressure is increasing.
The rise may be a temporary rebound; it is recommended to hold positions cautiously, focusing on key support levels to avoid blind over-investment.
The above content is for reference only and does not constitute investment advice.