BOSS Wallet data source, NEAR Protocol real-time price trend, NEAR's latest price today reached $5.258, with a rise of 3.52%, and a trading volume of $239 million.

Analysis of the candlestick chart indicates that we are currently in a volatile trend with a significant increase compared to 12:00, showing a recovery from 07:00 and breaking through the high point of 09:00. Prices are rising but trading volume is decreasing, which typically indicates weakening momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In such cases, future prices may experience a pullback or consolidation as the lack of volume support makes it difficult for prices to sustain their upward movement. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and if new buying pressure appears.
In a volatile trend, trading volume decreases while prices rise. The Williams indicator suggests that we are currently in an overbought condition. Recently, trading volume has decreased, with volume lower than in previous hours, and as prices rise, trading volume declines: upward momentum is weakening.

The upward momentum in the market is weakening, and it is advised that investors remain cautious and alert to the risks of a high-level pullback.

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