BOSS Wallet data source, ConstitutionDAO today's price trend, PEOPLE latest price breaks to $0.0671, an increase of 3.01%, trading volume $219 million

According to the analysis of the candlestick chart, it is currently in an upward trend. Compared to 21:00, it has increased significantly, recovering from 17:00, and breaking through the high point of 22:00. Prices are rising but trading volume is declining, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to be sustained. Investors should be wary of the risk of a pullback from high levels and pay attention to whether trading volume can keep up with price increases and whether new buying interest emerges.
Recent trading volume has decreased, and the upward momentum in price has weakened. The Williams indicator shows that the market is currently overbought. Recent trading volume has decreased compared to previous hours, with prices rising and volume declining: upward momentum is weakening.

Upward momentum is weakening, and the market is overbought. It is recommended to reduce positions or remain cautious, paying attention to the risk of a pullback.

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