BOSS Wallet data source, Ethereum ETH today's price trend, the latest price of ETH Ethereum has broken through to $3606.18, an increase of 1.00%, trading volume $38.282 billion

Analysis through candlestick chart indicates that it is currently in a downward trend. Compared to 09:00, there is a significant increase, a recovery compared to 08:00, and a decline compared to 02:00. Prices are falling but trading volume is rising, which usually indicates increased selling pressure, with sellers actively offloading.
This may be due to the market's pessimistic attitude towards future prices, or panic selling triggered by negative news. In this case, future prices may continue to decline due to strong selling pressure and poor market sentiment.
Investors need to pay attention to whether the price will break key support levels. If the support level is lost, it may lead to a greater decline. The market is active, but selling pressure is increasing. The Williams indicator shows that the current state is oversold. Recent trading volume has increased, with volume rising compared to the previous few hours, prices falling, and volume increasing: selling pressure is rising.

The market trend does not align with expectations, and there may be other influencing factors. It is advisable to continue exercising caution and monitor market dynamics.

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