BOSS Wallet data source, NEAR Protocol real-time price trend, NEAR's latest price today reached $5.812, with an increase of up to 3.55%, trading volume $327 million

According to the K-line chart analysis, it is currently in a volatile trend. Compared to 13:00, there is a slight increase, compared to 12:00, there is a slight decrease, there has been a rebound compared to 07:00, and a decline compared to 09:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain an upward trend, and one should be cautious of the risk of a high-level pullback. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Market activity is low, and momentum is weakening. The Williams indicator suggests that it is currently in an overbought state. Recent trading volume has decreased, with trading volume reduced compared to the previous hours, price rising, and trading volume decreasing: upward momentum weakening.
Market upward momentum is weakening, it is advisable to remain cautious, pay attention to changes in trading volume and new buying pressure, and be alert to the risk of a high-level pullback.

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