BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $2.16, 24-hour increase 3.004%, trading volume $181 million

According to the K-line chart analysis, currently in a consolidation trend. Compared to 10:00, there is a significant increase, a rebound from 09:00, breaking through the high point of 11:00. Prices are rising but trading volume is declining, which usually indicates a weakening of market upward momentum 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 correct or consolidate sideways. Due to a lack of trading volume support, price increases may be difficult to sustain, and investors should be cautious 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 interest. The market is cold, and trading volume has decreased. The Williams indicator indicates that it is currently in an overbought state. Recently, trading volume has decreased, trading volume compared to the previous few hours has reduced, prices have risen, and trading volume has declined: upward momentum is weakening.

Upward momentum is weakening, market heat is low, it is advisable to operate cautiously and avoid blind entry.

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