BOSS Wallet data source, ChainLink real-time price quotes, LINK's latest price today reached $21.81, with an increase of 2.01%, and a trading volume of $775 million.

Based on the candlestick chart analysis, it is currently in a consolidation trend. Compared to 13:00, there is a slight increase; compared to 14:00, there is a slight decrease; and it has rebounded from 07:00. The price is rising but the trading volume is declining, which usually indicates a weakening momentum for the market's upward movement and a decrease in buyers.
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 maintain their upward trend. Investors should be cautious of the risk of a high-level pullback and monitor whether trading volume can keep up with price increases, as well as whether new buying pressure emerges.
In a consolidation trend, trading volume decreases while prices rise. The Williams indicator shows that the current state is neither overbought nor oversold. Recently, trading volume has decreased, with trading volume less than in previous hours, while prices have risen and trading volume has dropped: upward momentum is weakening.

Upward momentum is weakening; be cautious of high-level pullback risks. It is recommended to remain watchful and pay attention to changes in trading volume and new buying pressure.

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