BOSS Wallet data source, Big Time today's price trend, BIGTIME latest price has risen to $0.14389, an increase of 3.01%, trading volume $23.9867 million

After analyzing the candlestick chart, it is found that it is currently in a downtrend. Compared to 17:00, it has risen significantly, recovering from 13:00, breaking through the high of 18:00. The price is rising but trading volume is declining, which usually indicates weakening bullish momentum and a decrease in the number of buyers.
The price increase may be due to a lack of selling pressure, which is considered a 'no-volume rise'. In this case, future prices may experience a correction or sideways consolidation. Due to the lack of trading volume support, the price increase may be difficult to sustain, and there is a risk of price retreating from high levels.
Investors should pay attention to whether trading volume can keep up with price increases and whether new buying interest is coming in. Recently, trading volume has decreased while the price has risen. According to the Williams indicator, it is currently overbought. Recent trading volume has decreased, with volume lower than in previous hours, and prices have risen while volume has fallen: bullish momentum is weakening.

Market bullish momentum is weakening, it is advisable to be cautiously optimistic and pay attention to changes in trading volume and new buying interest.

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