BOSS Wallet data source, Solana today market news, latest price of SOL Solana: $190.15, 24-hour drop of -1.533%, trading volume $2.728 billion

Through analyzing the K-line chart, it is currently in a fluctuation trend. There is a significant increase compared to 14:00, but a decrease compared to 08:00. The price is declining but trading volume is increasing, which usually indicates that market selling pressure is rising and sellers are actively selling.
This may be due to the market's pessimistic expectations for future prices or panic selling triggered by negative news. Future prices may continue to decline, as there is significant selling pressure and market sentiment is pessimistic. Investors should be cautious of whether prices will break below key support levels; if support is lost, it could trigger a larger decline.
Trading volume is increasing, price is declining, and selling pressure is significant. The Williams indicator shows that the current market state is oversold. Recently, trading volume has increased, with volume rising compared to the previous few hours, price declining, and volume increasing: selling pressure is rising.
After the market is oversold, a rebound may be influenced by short-term factors. It is recommended to continue to observe and operate cautiously.


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