BOSS Wallet data source, Solana solana today's market news, SOL Solana latest price: $191.9, 24-hour increase 4.373%, trading volume $2.035 billion

Based on the K-line chart analysis, it is currently in a consolidation trend. Slightly up compared to 13:00, slightly down compared to 14:00, and has rebounded compared to 10:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price pullbacks 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 interest. Market activity is low, and momentum is weakening. The Williams indicator shows that it is now an overbought time. Recently, trading volume has decreased, trading volume has decreased compared to the previous few hours, and prices are rising while trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is recommended to be cautious and observe, pay attention to changes in trading volume, and be alert to the risk of price pullbacks.

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