BOSS Wallet data source, Ordinals latest price news, ORDI real-time price rose 3.53% to $28.71, transaction volume $85.4928 million
According to the analysis of the K-line chart, it is in a volatile trend. It is slightly higher than 13:00, slightly lower than 12:00, higher than 07:00, and lower than 11:00. Rising prices but falling trading volume usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase, and whether there is new buying involvement. Market enthusiasm is low, and trading volume is decreasing. According to the Williams indicator, the current state is overbought. Recently, trading volume has decreased, with trading volume down compared to the previous few hours, while prices are rising, and trading volume is declining: upward momentum is weakening.
Market upward momentum is weakening, and it is advised to operate cautiously, paying attention to changes in trading volume to avoid entering blindly.
The above content is for reference only and does not constitute investment advice.