BOSS Wallet data source, Uniswap today's price trend, the latest UNI price has broken through to $14.726, with an increase of 3.02%, trading volume $542 million

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 12:00, there is a significant increase, a recovery from 10:00, and it has broken through the high point of 13:00. When the price rises while trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This divergence phenomenon between price and volume is usually due to a lack of selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of volume support, it is difficult for prices to sustain their rise, and one should be wary of the risk of a high-level pullback. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Market activity is low, and momentum is weakening. According to the Williams Indicator, the current market is overbought. Recent trading volume has decreased, with volume dropping compared to the previous few hours, while prices rise and volume declines: upward momentum is weakening.
Upward momentum is weakening, it is advisable to remain cautious, pay attention to market sentiment and changes in trading volume, and be wary of pullback risks.

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