BOSS Wallet data source, ChainLink real-time price quotes, LINK's latest price today reaches $22.724, with an increase of 3.53% and a trading volume of $6.993 billion.

By analyzing the candlestick chart, it is currently in a consolidation trend. Compared to 16:00, there is a slight increase; compared to 15:00, there is a slight decrease; compared to 08:00, there is a recovery; compared to 09:00, there is a decline. The price is rising but the trading volume is decreasing, 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 a lack of selling pressure. In this case, future prices may experience a correction or consolidation, as the lack of trading volume support makes it difficult for prices to sustain their upward movement. Investors should be wary of the risks of a high-level pullback, monitor whether trading volume can keep up with the price increase, and whether new buying interest is coming in.
Market activity is low, and momentum is weakening. According to the Williams indicator, the current market status is overbought. Recently, trading volume has decreased, with volume down compared to the previous few hours, while prices are rising and volume is declining: upward momentum is weakening.
Market upward momentum is weakening, suggesting a cautious approach, monitoring the changes in volume and price, and waiting for market sentiment to recover.

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