BOSS Wallet data source, Avalanche latest price news, AVAX real-time price rose 3.03% to $32.873, transaction volume $771 million
Through the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 16:00, slightly lower than 17:00, higher than 15:00, and lower than 09:00. 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.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
In a oscillating trend, the volume decreases and the price rises. The Williams indicator shows that there is no overbought or oversold. The volume has decreased recently, and the volume is less than in the previous hours. The price rises and the volume decreases: the upward momentum is weakened.

The upward momentum has weakened, so it is recommended to wait and see, pay attention to changes in trading volume and new buying, and be alert to the risk of falling from highs.
The above content is for reference only and does not constitute investment advice.