BOSS Wallet data source, Ethereum ETH today's market news, latest price of ETH Ethereum: $3604.15, 24-hour drop -2.29%, trading volume $46.122 billion

According to the analysis of the candlestick chart, it is currently in a consolidation trend. It has significantly declined compared to 15:00, but has rebounded compared to 08:00. The simultaneous decline in price and trading volume usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to be sluggish or consolidate sideways until new market news or events occur. Investors should closely monitor market changes and events that may trigger price fluctuations.
Trading volume has decreased, with price and trading volume declining simultaneously. According to the Williams indicator, it is currently in an oversold condition. Recent trading volume has decreased, with trading volume lower than in previous hours, and price and trading volume are both declining: the market is quiet, and trading is inactive.

The market is rising but still quiet. It is advisable to continue observing and focus on subsequent changes in volume and price as well as market news.

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

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