BOSS Wallet data source, Yield Guild Games latest price information, YGG real-time price increased by 3.69% to $0.7368, trading volume $149 million

After analyzing the candlestick chart, it is currently in an upward trend with a slight increase compared to 22:00, a slight decrease compared to 21:00, a rebound compared to 14:00, and a decline compared to 18:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between price and volume may be due to a lack of selling pressure. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be wary of the risk of a pullback from high positions and monitor whether trading volume can keep up with price increases and if new buying pressure appears.
Upward trend, overbought, recent trading volume has decreased, price is rising, trading volume is decreasing: upward momentum is weakening. The Williams indicator shows the current market state is overbought. Recent trading volume has decreased, trading volume has reduced compared to the previous hours, price is rising, trading volume is decreasing: upward momentum is weakening.

Upward momentum is weakening, or there may be a risk of a pullback; investors are advised to operate cautiously and avoid chasing highs.

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