BOSS Wallet data source, NEAR Protocol today's market news, NEAR latest price: $5.411, up 0.69% in 24 hours, transaction volume $881 million
According to the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 20:00, rebounded compared to 15:00, and decreased compared to 17:00. The price rises but the trading volume decreases, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
The price increase may be caused by a lack of selling, which is considered a "volumeless increase". In this case, the price may fall back or go sideways in the future. Due to the lack of trading volume support, the price increase may be difficult to sustain, and we need to be alert to the risk of price decline at a high level.
Investors should pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention. The market activity is low and the momentum is weakening. Judging by the Williams indicator, it is currently overbought. The trading volume has decreased recently, and the trading volume is less than in the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakening.

The upward momentum has weakened. It is recommended to operate with caution, pay attention to changes in trading volume, and wait for market sentiment to recover.
The above content is for reference only and does not constitute investment advice.