BOSS Wallet data source, Filecoin today's price trend, FIL latest price breaks to $3.735, with an increase of 2.02%, trading volume $9517.88 million
According to the K-line chart, it is currently in a consolidation trend. Compared to 18:00, there is a slight increase, and it has rebounded from 14:00, breaking the high point of 19:00. Prices are rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This volume-price divergence phenomenon may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be wary of the risk of a high position retreat and pay attention to whether trading volume can keep up with price increases and whether new buying interest is emerging.
Market enthusiasm is low, and trading volume is decreasing. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has decreased, with trading volume reduced compared to previous hours, while prices are rising and trading volume is declining: upward momentum is weakening.
Market upward momentum is weakening, it is advisable to operate cautiously, avoid blind entry, and pay attention to volume-price changes and new buying interest.
The above content is for reference only and does not constitute investment advice.