BOSS Wallet data source, NEAR Protocol today's price trend, NEAR latest price has broken through to $5.407, with an increase of 3.03%, trading volume $205 million

According to the K-line chart analysis, it is currently in a fluctuation trend. Compared to the significant drop at 22:00, there is some recovery compared to 15:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This divergence phenomenon between volume and price is usually due to a lack of selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain their increase, and there is a risk of a pullback from high levels. Investors should pay attention to whether trading volume can keep up with price increases and whether new buying interest enters the market.
Overbought state, decreasing trading volume, rising prices. The Williams indicator indicates that it is currently an overbought period. Recently, trading volume has decreased, with trading volume reduced compared to the previous few hours, while prices have risen and trading volume has declined: upward momentum is weakening.

Upward momentum is weakening, possible pullback or consolidation; it is recommended to observe and pay attention to trading volume and new buying interest.

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