BOSS Wallet data source, Uniswap today's price trend, the latest UNI price has risen to $14.445, an increase of 3.56%, trading volume $1.065 billion

Observing the K-line chart, it is currently in a volatile trend. Compared to 12:00, there has been a significant drop, but it has rebounded compared to 08:00. Prices are rising but trading volume is declining, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may experience a pullback or sideways consolidation. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price retracement at high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases and whether there is new buying involvement. Market enthusiasm is low, and trading volume is decreasing. The Williams indicator suggests that it is currently in a state of neither overbought nor oversold. Recently, trading volume has decreased, with volume lower than in previous hours, prices rising, and volume declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in trading volume, and avoid entering blindly.

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