BOSS Wallet data source, ConstitutionDAO price today, PEOPLE latest price breaks through $0.06563, up 3.50%, transaction volume $467 million
According to the K-line chart analysis, it is now a downward trend. It has rebounded compared to 15:00 and has fallen compared to 11:00. When prices rise and trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a fall from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The market activity is low and the momentum is weakening. The Williams indicator shows that the current market is neither overbought nor oversold. The recent trading volume has decreased, and the trading volume is less than the previous hours. The price is rising and the trading volume is falling: the upward momentum is weakening.
The upward momentum has weakened and the market activity is low. It is recommended to remain cautious, pay attention to changes in volume, and wait for the market to stabilize.
The above content is for reference only and does not constitute investment advice.