BOSS Wallet data source, Filecoin real-time price trend, the latest price of FIL today reached $5.213, with an increase of 3.02%, and a trading volume of $192 million.

From the analysis results of the candlestick chart, it is currently in a fluctuating trend. Compared to 15:00, there has been a significant increase, and a recovery compared to 12:00, breaking through the high point of 14:00. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, the price increase may be difficult to sustain, and investors should be alert to the risk of price pullbacks at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase, and whether there are new buyers entering the market. In a fluctuating trend, trading volume decreases while prices rise. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has decreased, with volume reduced compared to previous hours, and prices rising while volume is declining: upward momentum is weakening.

Divergence between volume and price, weakening upward momentum, it is recommended to maintain a wait-and-see attitude and be cautious of the risk of price pullbacks.

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