BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $2.406, 24-hour increase of 5.758%, trading volume $254 million

According to the analysis of the K-line chart, it is currently in a consolidation trend. Slightly up compared to 13:00, slightly down compared to 12:00, some recovery compared to 05:00, and some decline compared to 11:00. Price is rising but 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, considered a 'no-volume rise.' In this case, future prices may experience a pullback or sideways consolidation. Due to the lack of volume support, the price increase may be difficult to sustain, and one should be wary of the risk of price retreating from high levels.
Investors should pay attention to whether the trading volume can keep up with the price rise and whether there is new buying interest. In a consolidation trend, trading volume decreases while price rises. The Williams indicator suggests that it is currently overbought. Recent trading volume has decreased compared to previous hours; price rises while volume drops: upward momentum is weakening.

Upward momentum is weakening, it is recommended to remain cautious and pay attention to changes in trading volume and new buying interest.

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