BOSS Wallet data source, Big Time today's market news, BIGTIME latest price: $0.16424, 24-hour increase of 12.91%, trading volume $52.6169 million

Based on the analysis of the candlestick chart, it is currently in an upward trend. Compared to 21:00, there is a significant increase, a recovery compared to 20:00, and a decline compared to 15:00. When the price rises and trading volume decreases, it usually indicates that the market's 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 correct or consolidate sideways. Due to the lack of volume support, it is difficult for the price to sustain an increase, and one should be cautious of the risk of a high-level pullback. Investors should pay attention to whether the trading volume can keep up with the price increase and whether there are new buyers entering the market.
Upward trend, declining trading volume, rising prices. According to the Williams indicator, it is currently overbought. Recent trading volume has decreased, reduced compared to previous hours, with rising prices and declining trading volume: upward momentum is weakening.
The market's upward momentum is weakening, it is advised to remain cautious, appropriately reduce positions, and pay attention to subsequent trading volume and new buying conditions.

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