BOSS Wallet data source, Solana (SOL) today's market news, latest price of SOL: $191.9, 24-hour increase of 4.373%, trading volume $2.035 billion

According to the candlestick chart analysis, it is currently a fluctuating trend. Compared to 13:00, there is a slight increase; compared to 14:00, there is a slight decrease; and there is a recovery compared to 10:00. The price is rising but trading volume is decreasing, which generally indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may adjust or consolidate. Due to the lack of volume support, it may be difficult for price increases to sustain, and investors should be wary of the risk of price retracement at high levels.
It is advisable to pay attention to whether trading volume can keep up with the price increase and whether there is new buying interest. Market activity is low, and momentum is weakening. The Williams indicator shows that it is now an overbought period. Recently, trading volume has decreased, with volume lower than in previous hours, price rising, and volume declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to be cautious and observe, focusing on changes in trading volume, and be wary of price retracement risks.

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