BOSS Wallet data source, Uniswap latest price update, UNI real-time price increased by 3.05% to $14.294, trading volume $537 million

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 10:00, there is a significant increase, but it has decreased since 03:00. The price is rising while 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 phenomenon in volume and price may be caused by a lack of sell orders. In this case, future prices may experience a pullback or sideways consolidation due to a lack of trading volume support, making it difficult for prices to sustain their rise. Investors should be cautious of the risk of a drop from high levels and monitor whether trading volume can keep up with price increases and whether new buying interest emerges.
Trading volume decreases while the price rises. According to the Williams indicator, the current market is oversold. Recently, trading volume has decreased, and the volume is lower than in previous hours while the price has risen: upward momentum is weakening.
The upward momentum in the market is weakening, it is recommended to wait and observe changes in trading volume and new buying interest.

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