BOSS Wallet data source, real-time price of Bitcoin Cash (BCH) is $446.1 today, with an increase of 3.50%, trading volume is $223 million.

Based on the candlestick chart analysis, the market is currently in an upward trend. Compared to 15:00, it has significantly declined, but has rebounded since 09:00. When the price rises while trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for price increases to sustain, and there is a risk of a pullback from high levels. Investors should pay attention to whether the trading volume can support the price increase and whether new buying interest is entering the market.
The market trend is upward, trading volume is decreasing, and prices are rising. The Williams indicator shows that the current market is in the overbought zone. Recently, trading volume has decreased, with volume down compared to the previous hours, while prices are rising and volume is declining: upward momentum is weakening.

The market's upward momentum is weakening; it is advisable to reduce positions in a timely manner to mitigate risks, and to pay attention to trading volume and new buying interest.

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