BOSS Wallet data source, ChainLink latest price news, LINK real-time price increased by 3.55% to $21.57, trading volume $591 million

According to the candlestick chart, it is currently in a fluctuation trend. Compared to 17:00, it has increased significantly, has rebounded from 10:00, and has decreased from 13:00. The price is rising but trading volume is declining, which usually indicates that the upward momentum of the market is weakening, and the number of buyers is decreasing.
The price increase may be due to a lack of selling pressure, considered as 'upward movement without volume'. In this case, future prices may experience a pullback or sideways consolidation. Due to the lack of volume support, the price increase may be difficult to sustain, and it is necessary to be cautious of the risk of price retreating from high levels.
Investors should pay attention to whether the trading volume can keep up with the price increase and whether new buying interest is coming in. Market enthusiasm is low, and trading volume is decreasing. The Williams indicator shows that it is currently overbought. Recently, trading volume has decreased, with trading volume lower than in previous hours, price increased, and trading volume decreased: upward momentum is weakening.

Market upward momentum is weakening, it is recommended to operate cautiously, pay attention to changes in trading volume, and avoid entering blindly.

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