BOSS Wallet data source, the latest price news of Ethereum ETH, the real-time price of ETH Ethereum rose by 1.00% to $3076.41, and the transaction volume was $34.628 billion
According to the analysis of the candlestick chart, it is now in a downward trend. It fell sharply compared to 19:00, rebounded compared to 14:00, and fell compared to 11:00. The price fell but the trading volume rose, which usually means that the selling pressure increased and the sellers were actively selling.
Such a situation may be that the market is pessimistic about future prices, or there is some negative news that triggers panic selling. In this case, future prices may continue to fall because of the heavy selling pressure and pessimistic market sentiment.
Investors should be alert to whether the price will fall below the key support level. If the support level is broken, it may trigger a larger decline. However, the price is falling, indicating that the selling pressure is increasing. The Williams indicator shows that it is currently oversold. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price is falling and the trading volume is rising: the selling pressure is increasing.

Market sentiment remains pessimistic and selling pressure increases. It is recommended to continue to wait and see and wait for clear signals.
The above content is for reference only and does not constitute investment advice.

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