BOSS Wallet data source, Bitcoin BTC real-time price quotes, BTC Bitcoin's latest price today is $89764.2, an increase of 1.03%, and the transaction volume is $85.892 billion
According to the K-line chart analysis, it is currently in a downward trend. Compared with 19:00, it fell sharply, breaking through the low point at 20:00, and fell slightly compared with 12:00. 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.
The market is in a downtrend and oversold, and the volume is increasing, indicating that the market is active. The Williams indicator shows that it is currently oversold. The volume has increased recently, and the volume is higher than in the previous hours. The price is falling and the volume is rising: selling pressure is increasing.
Although the market has risen, the selling pressure is still high. It is recommended to operate with caution and pay attention to subsequent trends and key support levels.
The above content is for reference only and does not constitute investment advice.