Source of BOSS Wallet data, ChainLink price today, LINK latest price breaks through to $14.592, up 3.52%, transaction volume $703 million
According to the analysis of the candlestick chart, it is now in a volatile trend, with a sharp drop compared to 14:00, breaking through the low point at 15:00, and falling compared to 11:00. A drop in price but an increase in trading volume usually means that the market's selling pressure is increasing and sellers are actively selling.
This may be due to the market's pessimistic expectations for future prices or panic selling caused by negative news. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels. If support levels are lost, it may trigger a larger decline.
The price is going down, and the selling pressure is increasing. According to the Williams indicator, it is not overbought or oversold now. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price is falling, and the trading volume is rising: the selling pressure is increasing.
The rise may be due to a reversal of market sentiment. It is recommended to continue to hold positions cautiously and pay attention to subsequent market changes.
The above content is for reference only and does not constitute investment advice.