BOSS Wallet data source, NEAR Protocol price today, NEAR latest price breaks through $7.466, up 3.02%, transaction volume $1.114 billion

Based on the analysis of the candlestick chart, the current trend is oscillating. It has risen significantly compared to 07:00 and has fallen slightly compared to 00:00. Rising prices but falling trading volumes usually indicate that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
Trading volume decreases, price rises. The Williams indicator shows that the current market status is neither overbought nor oversold. Recent trading volume has decreased, with volume down compared to the previous few hours, price rising, and volume declining: upward momentum weakens.

Upward momentum weakens, it is recommended to watch and pay attention to trading volume and new buying conditions, be cautious of high-level pullback risks.

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