BOSS Wallet data source, Filecoin today's market news, FIL latest price: $5.125, 24 hours down -1.081%, transaction volume $327 million

Based on the analysis of the candlestick chart, the current trend is oscillating. It is slightly higher than 13:00, slightly lower than 12:00, and higher than 07:00. When the price falls but the trading volume rises, it usually means that the selling pressure is increasing and the sellers are actively selling.
This may be due to the market being pessimistic about future prices, or due to panic selling caused by negative news. In this case, prices may continue to fall in the future due to strong selling pressure and low market sentiment.
Investors need to pay attention to whether the price will fall below the key support level. If the support level is lost, it may lead to a larger decline. In the shock trend, the trading volume increases and the price falls. Judging from the Williams indicator, there is no overbought or oversold now.
There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.
The rise may be a short-term rebound. It is recommended to wait and see, pay attention to key points, and be wary of continued selling pressure.

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