BOSS Wallet data source, Worldcoin today's market news, latest WLD price: $2.218, 24-hour drop -6.611%, trading volume $233 million

By observing the candlestick chart, it is currently in a consolidation trend. It has slightly increased compared to 08:00, slightly decreased compared to 07:00, rebounded compared to 02:00, and decreased compared to 00:00. The price is falling but the trading volume is rising, which usually indicates increased selling pressure and sellers are actively selling.
Such a situation may indicate that the market has a pessimistic view of future prices, or there may be some negative news triggering panic selling. In this case, future prices may continue to decline, as selling pressure is high and market sentiment is pessimistic.
Investors should be cautious about whether the price will break below key support levels. If the support level is breached, it may trigger a larger decline. Trading volume is rising, prices are falling, and selling pressure is significant. The Williams indicator shows that now is not a time of overbought or oversold conditions.
Recently, trading volume has increased, with volume rising compared to previous hours, while prices are falling, indicating increased selling pressure.
Market sentiment remains pessimistic, with increasing selling pressure. Caution is advised, and attention should be paid to key support levels.

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