BOSS Wallet data source, real-time price of Bitcoin, BTC Bitcoin's latest price today reached $99799.48, with an increase of up to 1.00%, trading volume $33.642 billion

By analyzing the candlestick chart, it is currently an upward trend. Compared to 22:00, there has been a significant increase, but a decline compared to 19:00. The price is rising but the trading volume is decreasing, which usually indicates that the momentum of the market's upward movement is weakening, and the number of buyers is decreasing.
This divergence between price and volume may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be wary of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases, as well as whether new buying interest appears.
The trading volume has decreased compared to previous days, the price is rising, and the trading volume is declining: upward momentum is weakening. The Williams indicator suggests that it is currently an overbought period. Recently, trading volume has decreased, the trading volume has decreased compared to the last few hours, the price is rising, and the trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to reduce positions and wait for market clarity, and be wary of the risk of a high-level pullback.

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