BOSS Wallet data source, Uniswap latest price news, UNI real-time price increased by 3.02% to $13.817, trading volume $376 million

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Slightly up compared to 23:00, slightly down compared to 22:00, rebounding compared to 15:00, and decreasing compared to 19:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price retreating from high levels.
It is advisable to pay attention to whether the trading volume can keep up with the price increase, and whether new buying interest is coming in. Overbought conditions, decreased trading volume, and rising prices. The Williams indicator indicates that we are currently in an overbought phase. Recently, trading volume has decreased, with trading volume reduced compared to previous hours, while prices are rising, with volume decreasing: upward momentum is weakening.

Weakening upward momentum or facing the risk of correction, it is recommended to stay on the sidelines and wait for a clear market direction.

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