BOSS Wallet data source, ConstitutionDAO real-time price quotes, PEOPLE's latest price today is $0.04835, an increase of 3.71%, and the transaction volume is $67.6992 million

According to the candlestick chart analysis, it is now an upward trend. Compared with 11:00, it fell sharply, and it rebounded compared with 07:00. The price rose but the trading volume fell, which usually indicates that the market's upward momentum 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 fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to 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 there is new buying intervention.
Market sentiment is low and prices are moving upward. Williams' indicator shows that this is a period without overbought and oversold. The trading volume has decreased recently, and the trading volume is lower than in the previous hours. The price is rising and the trading volume is falling: the upward momentum is weakening.

The upward momentum is weakening, and there may be a correction or sideways movement. It is recommended to wait and see until the market stabilizes.

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