BOSS Wallet data source, Shiba Inu latest price news, SHIB real-time price increased by 3.59% to $0.00003084, trading volume $4.72 billion

According to the K-line chart analysis, it is currently a fluctuation trend. Compared to 10:00, there has been a significant increase, but a decline compared to 05:00. When the price rises while the trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is often due to a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the rise in price is difficult to sustain without the support of trading volume. Investors should be cautious of the risk of price retreating from high levels and pay attention to whether trading volume can keep up with the price increase and if there is new buying interest.
Trading volume decreases while the price rises. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, and the volume has dropped compared to the previous few hours, while the price rises and the volume decreases: upward momentum is weakening.

The upward momentum is weakening; it is recommended to observe and take action after the market direction becomes clear.

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

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