BOSS Wallet data source, Shiba Inu today's price, SHIB latest price broke through $0.00002188, an increase of 3.55%, transaction volume $639 million

Judging from the results of the K-line chart, it is now in a volatile trend. It is slightly higher than 13:00, slightly lower than 12:00, higher than 07:00, and lower than 05:00. The price is falling but the trading volume is rising, which usually indicates that the selling pressure is increasing and the sellers are actively shipping.
This could be because the market is pessimistic about future prices or there is negative news that triggers panic selling. In this case, prices may continue to fall in the future because of the heavy selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels, which could lead to a larger decline if support levels are broken.
In a oscillating trend, the volume increases and the price falls. The Williams indicator shows that now is the time when there is no overbought or oversold. The volume has increased recently, and the volume is higher than in the previous few hours. The price falls and the volume rises: the selling pressure increases.

The rise may be affected by other factors. It is recommended to continue to wait and see and pay attention to subsequent trends and key support levels.

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

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