BOSS Wallet data source, Filecoin real-time price trend, the latest price of FIL today reached $6.191, an increase of 3.01%, trading volume $332 million

After studying the candlestick chart, it is currently in a volatile trend. Compared to 00:00, there is a significant increase; compared to 16:00, there is a recovery; compared to 19:00, there is a decline. The price is rising but trading volume is decreasing, which usually indicates a weakening momentum in the market, with fewer buyers.
This divergence between price and volume may be caused by a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation due to the lack of volume support, making it difficult for prices to sustain their rise. Investors should be cautious of the risk of a high-level pullback and pay attention to whether the trading volume can keep up with the price increase, as well as whether new buying pressure appears.
Market sentiment is low, and trading volume is decreasing. The Williams indicator shows that the current market state is overbought. Recently, trading volume has decreased, with volume down compared to a few hours ago, while prices are rising and volume is declining: upward momentum is weakening.
Market momentum is weakening and may pull back; cautious operation is recommended, with attention to trading volume and new buying pressure.

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