BOSS Wallet data source, ConstitutionDAO current price trend, PEOPLE latest price has broken through to $0.04675, with an increase of 3.54%, trading volume $75.3218 million

According to the analysis of the candlestick chart, it is currently in an upward trend. It has risen slightly compared to 13:00, slightly decreased compared to 14:00, and has rebounded compared to 06:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be cautious of the risk of a pullback from high levels and pay attention to whether trading volume can keep up with price increases and whether new buying pressure emerges.
Trading volume has decreased compared to previous days, price has risen, and trading volume has decreased: upward momentum is weakening. According to the Williams indicator, it is currently in an overbought condition. Recently, trading volume has decreased, with volume reduced compared to the previous few hours, price rising, and trading volume decreasing: upward momentum is weakening.

The market's upward momentum is weakening, and it is recommended that investors reduce their positions and wait for further market clarity.

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