BOSS Wallet data source, Optimism today's market news, OP latest price: $1.7591, 24 hours down -1.23%, transaction volume $420 million
After studying the K-line chart, it is now in a volatile trend. It has risen significantly compared to 20:00, rebounded compared to 19:00, and dropped compared to 14:00. When prices and trading volumes fall at the same time, it usually means that the market is less active and both buyers and sellers are inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, prices may continue to be sluggish or sideways in the future until new market news or events break the deadlock. Investors should pay close attention to market changes and events that may trigger market fluctuations.
Oversold state, trading volume decreases, price and trading volume decrease simultaneously. Williams indicator shows that it is currently oversold. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price and trading volume are falling at the same time: the market is deserted and trading is not active.

The market rise may be affected by external factors. It is recommended to continue to wait and see and pay attention to changes in trading volume and prices.
The above content is for reference only and does not constitute investment advice.