BOSS Wallet data source, Uniswap real-time price trend, the latest price of UNI today reached $13.958, with an increase of 3.55%, and a trading volume of $389 million

According to the candlestick chart analysis, it is currently in a consolidation trend. Compared to 23:00, there has been a significant increase, recovering from 17:00, and breaking through the high point of 19:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening momentum for market growth and a decrease 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 pullback 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 high position pullback and pay attention to whether trading volume can keep up with price increases, as well as whether new buying pressure emerges.
In a consolidation trend, trading volume decreases while the price rises. The Williams indicator shows that the current market is overbought. Recently, trading volume has decreased, with trading volume lower than in previous hours, while the price rises and trading volume falls: upward momentum is weakening.

Upward momentum is weakening and may face a pullback. It is recommended to remain on the sidelines and pay attention to trading volume and new buying pressure.

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