BOSS Wallet data source, Big Time today's market news, BIGTIME latest price: $0.13734, 24-hour increase 0.75%, trading volume $14.273 million

From the analysis of the K-line chart, it shows a volatile trend. Compared to 16:00, there is a significant drop, but there has been a recovery since 09:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This divergence between volume and price may be due to a lack of selling pressure. In this case, the future price may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for the price to sustain its rise. Investors should be wary of the risk of a decline from high levels and pay attention to whether the trading volume can keep up with the price increase and if new buying pressure emerges.
Decreased trading volume and rising prices. The Williams indicator indicates that there is currently no overbought or oversold condition. Recently, trading volume has decreased, with trading volume down from a few hours ago, while prices are rising; this indicates weakening upward momentum.

With weakening upward momentum, it is advisable to remain on the sidelines and make decisions once the market direction becomes clear.

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