BOSS Wallet data source, NEAR Protocol today's price trend, NEAR's latest price has broken through to $5.248, with an increase of 3.00%, trading volume $239 million

Based on the analysis of the candlestick chart, it is currently in a volatile trend. Compared to 12:00, there has been a significant increase, a recovery compared to 07:00, and a breakthrough of the 09:00 high. When the price rises while trading volume decreases, it usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, it is difficult for price increases to be sustained, and there is a risk of a pullback from high levels. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Market enthusiasm is low, and trading volume has decreased. According to the Williams indicator, the current market is overbought. Recently, trading volume has decreased, with volume lower than in previous hours, while price rises and volume decreases: upward momentum is weakening.
Upward momentum is weakening, be cautious of pullback risks, and it is recommended that investors operate cautiously to avoid blindly entering the market.

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