BOSS Wallet data source, Ethereum today's market news, latest ETH price: $3632.29, 24-hour drop -0.084%, trading volume $14.55 billion

According to the K-line chart analysis, there is currently a downward trend. Slightly up compared to 12:00, slightly down compared to 13:00, and has rebounded compared to 09:00. 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 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 trading 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 there are new buyers entering. Market activity is low, and momentum is weakening. The Williams indicator indicates that the current state is neither overbought nor oversold. Recently, trading volume has decreased, with volume down compared to the previous few hours, price rising, and volume declining: upward momentum is weakening.

Upward momentum is weakening, market activity is low, it is recommended to remain cautious, pay attention to changes in trading volume, and wait for the market to stabilize.

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

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