BOSS Wallet data source, Avalanche live price market, AVAX latest price today reached $36.88, an increase of 3.02%, trading volume $262 million

According to the analysis results of the candlestick chart, it is currently in a volatile trend. Compared to 15:00, it has significantly declined, has rebounded compared to 09:00, and has decreased compared to 13:00. When the price rises and the trading volume decreases, it usually means that the upward momentum of the market is weakening, and the number of buyers is decreasing.
This divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may retrace or consolidate. Due to the lack of trading volume support, it is difficult for prices to sustain an upward trend, and there is a risk of a pullback from high levels. Investors should pay attention to whether the trading volume can match the price increase and whether new buyers are entering the market.
Market activity is low, and momentum is weakening. The Williams indicator shows that the current market is neither overbought nor oversold. Recently, trading volume has decreased, volume has decreased compared to the previous few hours, prices are rising, and trading volume is decreasing: upward momentum is weakening.

Upward momentum is weakening; it is recommended to remain cautious, pay attention to market sentiment and changes in trading volume, and be wary of a pullback from high levels.

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