BOSS Wallet data source, Yield Guild Games real-time price market, YGG's latest price today reached $0.5446, with an increase of 3.01%, trading volume $53.7976 million

Based on the analysis results of the candlestick chart, it is currently in a downward trend. Compared to 21:00, it has risen significantly, has rebounded compared to 20:00, and has declined compared to 14:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
The increase in price may be due to a lack of selling pressure, which is considered 'price increase without volume'. In this case, future prices may experience a pullback or sideways consolidation. Due to the lack of support from trading volume, the price increase may be difficult to sustain, and caution should be exercised regarding the risk of price retreating from high levels.
Investors should pay attention to whether trading volume can keep up with the price increase, and whether there is new buying interest. Market enthusiasm is declining, and trading volume is decreasing. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in previous hours, price rising, and trading volume decreasing: upward momentum is weakening.

Market upward momentum is weakening; it is advisable to operate cautiously, pay attention to changes in trading volume, and avoid entering the market blindly.

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