BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $2.16, 24-hour increase 3.004%, trading volume $181 million

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 10:00, there has been a significant increase, and it has rebounded from 09:00, breaking through the high of 11:00. The price is rising but trading volume is declining, which usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, the future price may correct or consolidate sideways. Due to the lack of volume support, the price increase may be difficult to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase, as well as whether there is new buying interest coming in. The market is cool, and trading volume is decreasing. The Williams indicator indicates that it is currently in an overbought state. Recently, trading volume has decreased, with volume down compared to previous hours, price rising, and volume declining: upward momentum is weakening.

Upward momentum is weakening, the market is cool, and it is advisable to operate cautiously to avoid blind entry.

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