BOSS Wallet data source, Shiba Inu today's market news, SHIB latest price: $0.000025309, up 0.84% ​​in 24 hours, transaction volume $1.822 billion
By observing the K-line chart, it is currently in a volatile trend. Compared with 16:00, it fell sharply, breaking through the low point of 11:00, and fell slightly compared with 15:00. The price fell but the trading volume rose, which usually indicates that the selling pressure increased and the sellers were actively shipping.
This could be because the market is pessimistic about future prices or there is negative news that triggers panic selling. In this case, prices may continue to fall in the future because of the heavy selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels, which could lead to a larger decline if support levels are broken.
The market is active and the price is going down. 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 hours. The price is falling and the trading volume is rising: the selling pressure is increasing.
Market sentiment remains pessimistic, and the rise may be a short-term rebound. It is recommended to continue to reduce positions.
The above content is for reference only and does not constitute investment advice.