BOSS Wallet data source, NEAR Protocol real-time price quotation, NEAR's latest price today reached $5.228, with an increase of 3.01%, and a trading volume of $225 million

From the analysis of the candlestick chart, it appears that the current trend is volatile. Compared to 17:00, there has been a significant increase, a recovery from 09:00, and a decrease from 12:00. Price is rising but trading volume is declining, which usually indicates a weakening of market upward momentum and a decrease in the number of buyers.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this situation, future prices may correct or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price pullbacks at high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases and whether new buying is entering. Market activity is low, and momentum is weakening. The Williams indicator shows that the current market state is overbought. Recent trading volume has decreased, with trading volume down from the previous few hours, while prices rise and volume declines: upward momentum is weakening.

Market upward momentum is weakening, suggesting caution, monitoring changes in trading volume, and waiting for market sentiment to recover.

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