BOSS Wallet data source, Filecoin real-time price information, today's latest price of FIL has reached $7.005, with an increase of 3.05%, and a trading volume of $682 million.

From the analysis of the candlestick chart, it can be seen that we are currently in a volatile trend. Compared to 22:00, there has been a significant increase, a rebound compared to 17:00, and a decline compared to 15:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may retrace or consolidate sideways. Due to the lack of volume support, it is difficult for price increases to be sustained, and one must be cautious of the risk of a pullback from high levels. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Trading volume decreases while prices rise. The Williams indicator shows that the current market state is neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in previous hours, while prices rise and trading volume declines: upward momentum is weakening.

Upward momentum is weakening, it is advised to wait and see until trading volume increases or prices retrace before making a decision.

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