BOSS Wallet data source, Bitcoin's current price is $95919.99, with an increase of 1.00%, trading volume is $54.477 billion

According to the K-line chart analysis, it is currently in a volatile trend. Compared to 10:00, it has risen slightly, compared to 11:00, it has fallen slightly, and it has decreased compared to 05:00. When the price rises but the trading volume decreases, it usually means that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as there is insufficient trading volume to support the price increase. Investors should be cautious of the risk of price pullback at high levels and pay attention to whether trading volume can keep up with the price increase, as well as whether new buying interest emerges.
Trading volume is decreasing while prices are rising. The William indicator shows that it is currently neither overbought nor oversold. Recent trading volume has decreased, trading volume is lower than in previous hours, and prices are rising with declining trading volume: upward momentum is weakening.

Upward momentum is weakening, it is recommended to remain cautious, pay attention to changes in trading volume, and be alert to the risk of price pullback.

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

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