BOSS Wallet data source, Ethereum ETH today's market news, ETH latest price: $3722.26, 24-hour increase 3.68%, trading volume $26.31 billion

According to the analysis of the candlestick chart, it is currently in a downward trend. Compared to 12:00, there was a significant increase, breaking through the high point of 08:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be vigilant about the risk of a high-level decline and pay attention to whether trading volume can keep up with price increases and whether new buying pressure emerges.
Decreased trading volume, rising prices. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in the previous hours, while prices are rising and trading volume is declining: upward momentum is weakening.

The market's upward momentum is weakening, it is recommended to remain cautious and vigilant about the risk of a high-level decline.

The above content is for reference only and does not constitute investment advice.