BOSS Wallet data source, ChainLink real-time price information, the latest price of LINK today reached $20.03, with an increase of 2.04%, trading volume of $881 million

According to the analysis of the candlestick chart, there is currently a volatile trend. It has slightly increased compared to 13:00 and slightly decreased compared to 12:00. Price decreases but trading volume increases typically indicate increased market selling pressure, with sellers actively selling.
This may be due to the market becoming pessimistic about future prices or panic selling triggered by negative news. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment. Investors should be cautious about whether the price will break below key support levels; if the support is lost, it may trigger a larger decline.
Trading volume is up, prices are down, and selling pressure is significant. According to the Williams indicator, it is currently oversold. Recently, trading volume has increased, with volume rising compared to the previous few hours, while prices have fallen; selling pressure is increasing.
The increase may be a short-term rebound; it is recommended to continue cautious operations, monitor support levels, and consider timely stop-loss.

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