BOSS Wallet data source, latest price information from Uniswap, UNI real-time price increased by 3.22% to $14.21, trading volume $953 million

From the analysis of the candlestick chart, it is known that there is currently a fluctuation trend. Compared to 10:00, there has been a significant increase, and it has rebounded from 04:00, breaking through the high point at 11:00. When the price rises while trading volume decreases, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to maintain an upward trend, and one should be cautious of the risk of a high-level pullback. Investors should pay attention to whether the trading volume can match the price increase, and whether new buying interest is entering the market.
Trading volume decreases, and prices rise. The Williams indicator shows that now is a time without overbought and oversold conditions. Recently, trading volume has decreased, trading volume has reduced compared to the previous few hours, while prices rise and trading volume decreases: upward momentum is weakening.

Market upward momentum is weakening, it is recommended to maintain a wait-and-see approach, wait for a clear direction, and pay attention to changes in trading volume.

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