Data source from BOSS Wallet, Filecoin real-time price quotes, the latest price of FIL today is $4.526, an increase of 2.03%, and the transaction volume is $298 million
According to the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 13:00, slightly lower than 12:00, higher than 06:00, and lower than 08:00. 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.
Overbought, volume decreases, price rises. According to Williams's indicator, it is now overbought. The volume has decreased recently, and the volume is lower than in the previous hours. The price rises, and the volume decreases: the upward momentum is weakening.

The upward momentum has weakened, so it is recommended to wait and see, pay attention to trading volume and new buying, and be wary of the risk of a pullback.
The above content is for reference only and does not constitute investment advice.