BOSS Wallet data source, Uniswap real-time price information, today's latest price of UNI reaches $12.85, with an increase of 3.51%, trading volume $384 million.

According to the analysis of the candlestick chart, there is currently a consolidation trend. Compared to a sharp decline at 11:00, there has been some recovery since 07:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase and whether new buying interest is coming in. Volume is decreasing while price is rising. According to the Williams indicator, it currently falls within a range of no overbought or oversold conditions. Recently, trading volume has decreased, with a reduction in volume compared to the previous few hours, and price is rising while volume is decreasing: upward momentum is weakening.

With weakening upward momentum, it is recommended to stay on the sidelines and focus on changes in trading volume and new buying interest.

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