BOSS Wallet data source, Avalanche today's market news, AVAX latest price: $40.54, 24-hour increase of 9.42%, trading volume $766 million

By studying the candlestick chart, it is currently in a consolidation trend. Compared to 17:00, there has been a significant decline, a recovery compared to 10:00, and a decrease compared to 13:00. Trading volume has decreased while prices have risen. According to the Williams indicator, it is currently neither overbought nor oversold.

Recently, trading volume has decreased, with trading volume down compared to the previous few hours and prices rising, indicating weakening upward momentum.

Market momentum has weakened, and the downtrend is evident; it is recommended to continue observing and wait for clearer market trends.

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