BOSS Wallet data source, Uniswap real-time price quotes, UNI's latest price today is $14.232, an increase of 3.00%, and the transaction volume is $466 million

According to the analysis of the K-line chart, it is now in a volatile trend. It has risen significantly compared to 07:00 and has fallen slightly compared to 01:00. When prices rise and trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a pullback from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
In a volatile trend, trading volume decreases and prices rise. According to the Williams indicator, it is currently in the overbought zone. Recently, trading volume has decreased, with volume down compared to the previous few hours, and prices are rising while volume is declining: upward momentum is weakening.

Upward momentum is weakening; be cautious of the risk of a pullback. It is advisable to remain on the sidelines and pay attention to changes in trading volume.

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