BOSS Wallet data source, Filecoin today's market news, FIL latest price: $4.192, up 4.49% in 24 hours, transaction volume $298 million
By analyzing the K-line chart, it is now in a volatile trend. Compared with 14:00, it fell sharply, broke through the low point at 06:00, and fell slightly compared with 09:00. When the price falls and the trading volume rises, it often means that the selling pressure is increasing and the sellers are actively selling.
This situation may be due to the market's pessimistic expectations for future prices, or the impact of negative news, triggering panic selling. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should pay attention to whether prices will fall below key support levels. If the support level is broken, it may trigger a larger decline.
In a oscillating trend, the volume increases and the price falls. The Williams indicator shows that this is a period without overbought and oversold. The volume has increased recently, and the volume is higher than in the previous hours. The price falls and the volume rises: the selling pressure increases.

Although the price is rising, the selling pressure is increasing. It is recommended to wait and see whether the price falls below the key support level.
The above content is for reference only and does not constitute investment advice.