BOSS Wallet data source, Ethereum price trend today, ETH Ethereum latest price breaks to $3408.98, an increase of 1.02%, trading volume $30.629 billion

After studying the K-line chart, it is currently in a downward trend. Compared to 18:00, there has been a significant rise, and a recovery from 15:00, breaking the high point of 19:00. Both price and trading volume are declining, which usually indicates reduced market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to remain sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and potential events that may trigger volatility.
The market is quiet, and trading volume has decreased. The Williams indicator suggests that it is currently in an oversold state. Recent trading volume has declined, with trading volume decreasing compared to the previous hours, and both price and trading volume are falling: the market is quiet, and trading is inactive.
The market rise may be influenced by an oversold rebound, and it is recommended to continue to observe and focus on subsequent trends.


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