BOSS Wallet data source, ChainLink latest price news, LINK real-time price increased by 3.55% to $21.57, trading volume $591 million

According to the candlestick chart, it is currently a volatile trend. Compared to 17:00, there has been a significant increase, a recovery compared to 10:00, and a decrease compared to 13:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
The price increase may be due to a lack of sell orders, which is considered a 'no-volume rise'. In this case, there may be a correction or consolidation in the future. Due to the lack of support from trading volume, the price increase may be difficult to sustain, and one should be cautious of the risk of price retreating at high levels.
Investors should pay attention to whether the trading volume can keep up with the price increase and whether there is new buying interest. The market is lukewarm, and trading volume is decreasing. The Williams indicator shows that it is currently in the overbought zone. Recently, trading volume has decreased, trading volume compared to the previous hours has reduced, with rising prices and declining volume: upward momentum is weakening.

The market's upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in trading volume, and avoid entering blindly.

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