BOSS Wallet data source, Ethereum (ETH) real-time price trend, the latest price of Ethereum today reached $3586.79, with an increase of 1.01%, trading volume of $28.059 billion

According to the analysis of the candlestick chart, there is currently a downward trend. Compared to 08:00, there has been a significant increase, a recovery compared to 07:00, and a decrease compared to 02:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening of the market's upward momentum and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a pullback or consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be cautious of the risk of a high-level retreat and pay attention to whether trading volume can keep up with the price increase and whether new buying pressure emerges.
Decreased trading volume and rising prices. According to the Williams indicator, the current state is neither overbought nor oversold. Recently, trading volume has decreased, trading volume has dropped compared to previous hours, and prices are rising while trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is recommended to remain cautious, focus on changes in trading volume, and be alert to the risk of high-level retreats.

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