BOSS Wallet data source, ChainLink latest price news, LINK real-time price up 2.13% to $26.35, trading volume $8.012 billion

Through the analysis of the K-line chart, it is currently a volatile trend. Compared to 18:00, it has risen significantly, has recovered compared to 11:00, and has decreased compared to 13:00. The price is rising, but the trading volume is declining, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to 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 sustain their rise. Investors should be wary of the risk of a high-level retreat and pay attention to whether trading volume can keep up with the price increase and whether there is new buying interest.
Trading volume decreases while prices rise. According to the Williams indicator, the current state is overbought. Recently, trading volume has decreased, the volume has reduced compared to previous hours, and with rising prices and declining volume: upward momentum is weakening.
Upward momentum is weakening, potential for a pullback or sideways movement, it is recommended to remain cautious and pay attention to trading volume and new buying interest.

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