BOSS Wallet data source, real-time price trend of Bitcoin, the latest price of BTC Bitcoin today reached $93840.15, with an increase of 1.01%, trading volume $64.379 billion

According to the analysis of the candlestick chart, it is currently in a downward trend. Compared to 15:00, it has significantly dropped, but has recovered somewhat since 07:00. When both price and trading volume decline simultaneously, it usually indicates a decrease in 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 be sluggish or consolidate sideways until new market news or events break the deadlock. Investors should closely monitor market changes and events that may trigger price fluctuations.
The market is quiet, and trading volume has decreased. The Williams indicator suggests that it is currently in an oversold state. Recently, trading volume has decreased, with volume lower than in previous hours, and price and trading volume declining simultaneously: the market is quiet, and trading is inactive.

The market has risen after being oversold, suggesting to continue observing and pay attention to changes in trading volume and market news.

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

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