BOSS Wallet data source, ChainLink latest price message, LINK real-time price rises 2.10% to $24.77, trading volume $8.739 billion

From the analysis of the candlestick chart, the current trend is oscillating. Compared to the sharp drop at 20:00, it broke through the low point of 16:00 and is lower than that at 13:00. The price is rising but the trading volume is declining, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This divergence between price and volume may be due to a lack of selling pressure. In this case, future prices may see a pullback or sideways 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 pullback and pay attention to whether trading volume can keep up with the price increase and if new buying pressure emerges.
Market activity is low, and momentum is weakening. According to the Williams indicator, the current situation shows no overbought or oversold conditions. Recently, trading volume has decreased, with volume down compared to the previous few hours, while prices are rising but trading volume is declining: upward momentum is weakening.

Upward momentum is weakening; it is advisable to remain cautious, focus on trading volume and new buying pressure, and wait for market sentiment to recover.

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