BOSS Wallet data source, ChainLink today's price trend, LINK's latest price has broken through to $19.6, an increase of 2.03%, trading volume $734 million

According to the analysis of the K-line chart, it is currently in a volatile trend. Compared to 18:00, it has significantly declined, rebounded compared to 13:00, and decreased compared to 16:00. When both price and trading volume decline simultaneously, it 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 be sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and any events that may trigger price fluctuations.
Trading volume has decreased, with price and trading volume declining in tandem. According to the Williams indicator, it is currently neither overbought nor oversold. Recent trading volume has decreased, with trading volume lower than in previous hours, and price and trading volume declining simultaneously: the market is quiet, and trading is inactive.

The market is rising but quiet; it is recommended to continue observing and wait for an increase in market activity.

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