BOSS Wallet data source, NEAR Protocol today's market news, NEAR latest price: $5.147, 24-hour drop -6.179%, trading volume $408 million

Analysis from candlestick chart indicates a sideways trend. Compared to 15:00, there is a significant drop, breaking the low of 16:00, and lower than 14:00. Both price and trading volume are declining, which usually indicates a decrease in market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see mode, awaiting new driving factors to emerge. In this case, future prices may continue to remain sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that may trigger price fluctuations.
Trading volume has decreased, and both price and trading volume are dropping simultaneously. The Williams indicator shows that the current market state is neither overbought nor oversold. Recently, trading volume has decreased, with volume lower than in previous hours, and both price and trading volume are declining: the market is quiet, and trading is inactive.

The market is rising but remains quiet, suggesting a continued wait-and-see approach, paying attention to subsequent trends and news.

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