BOSS Wallet data source, NEAR Protocol real-time price trend, NEAR's latest price today reached $7.584, with an increase of 3.55%, and a trading volume of $1.081 billion.
The candlestick chart shows that the current trend is volatile. Compared to 21:00, there was a significant decline, but it has rebounded compared to 17:00. The price is rising, but the trading volume is decreasing, which typically indicates weakening upward momentum in the market and a reduction in the number of buyers. This phenomenon of divergence between volume and price may be due to a lack of selling pressure.
In this situation, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and if new buying interest emerges.
Market enthusiasm is low, and trading volume is decreasing. According to the Williams indicator, the current state is overbought. Recently, trading volume has decreased, with volume lower than in previous hours, while prices are rising and volume is falling: upward momentum is weakening.
Upward momentum is weakening, and a pullback or sideways movement is suggested; proceed with caution to avoid blind entry.
The above content is for reference only and does not constitute investment advice.