BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $2.32, 24 hours down -0.855%, transaction volume $240 million

According to the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 08:00, rebounded compared to 01:00, and broke through the high point of 09:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
Trading volume decreases, price rises. The Williams indicator shows that the current market is neither overbought nor oversold. Recent trading volume has decreased, with volume down compared to the previous few hours, price rising, and volume declining: upward momentum wanes.

Upward momentum wanes, it is advised to remain on the sidelines and pay attention to subsequent volume and price changes as well as new buying conditions.

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