Data source from BOSS Wallet, ChainLink real-time price quotes, LINK’s latest price today is $14.768, up 2.00%, with a transaction volume of $703 million
According to the analysis of the K-line chart, the current trend is oscillating. It fell sharply compared to 20:00, rebounded compared to 16:00, and fell compared to 19:00. The price fell but the trading volume rose, which usually means that the market selling pressure increased and the sellers were 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.
Trading volume is up, prices are down, and selling pressure is significant. According to the William indicator, the current state is neither overbought nor oversold. There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.
The market trend is not in line with expectations, and the rise may be affected by other factors. It is recommended to continue to operate with caution and pay attention to market dynamics.
The above content is for reference only and does not constitute investment advice.