BOSS Wallet data source, ChainLink today's price trend, LINK's latest price has broken through to $20.18, an increase of 2.02%, trading volume $2.853 billion

According to the analysis of the candlestick chart, it is currently in a volatile trend. Compared to 09:00, it has significantly decreased, but has rebounded compared to 08:00. The price is down, but trading volume is up, which usually indicates increased selling pressure, with sellers actively offloading.
This may be due to the market's pessimistic attitude towards future prices, or panic selling triggered by negative news. In this case, future prices may continue to fall due to significant selling pressure and low market sentiment.
Investors need to pay attention to whether the price will break through key support levels. If the support level fails, it may lead to a larger decline. Trading volume is increasing, price is falling, and selling pressure is significant. According to the Williams indicator, the current market is neither overbought nor oversold.
Recently, trading volume has increased, with volume rising compared to the previous few hours, price declining, and volume increasing: selling pressure is rising.
The increase may be a short-term rebound, still requiring caution, paying attention to support levels, and stopping losses in a timely manner.

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