BOSS Wallet Data Source, ChainLink Real-time Price Trend, LINK's latest price today reached $23.9, with an increase of 2.01%, trading volume of $870 million

Through the analysis of the candlestick chart, the current trend is fluctuating. Compared to 16:00, there has been a significant decline, a recovery compared to 09:00, and a drop compared to 11:00. When the price rises while trading volume decreases, it usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This divergence between price and volume is usually due to a lack of sell orders. In this case, the future price may pull back or consolidate sideways. Due to the lack of volume support, it is difficult for the price to sustain its rise, and there is a risk of a high-level pullback. Investors should pay attention to whether the trading volume can accompany the price increase and whether new buyers are entering the market.
In a fluctuating trend, trading volume decreases while price rises. The Williams indicator shows that it is currently in the overbought zone. Recently, trading volume has decreased, with volume lower than in previous hours, and price rising while volume declines: upward momentum is weakening.

Upward momentum is weakening, it is recommended to remain cautious and alert to the risk of a high-level pullback, paying attention to changes in trading volume and new buying conditions.

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