BOSS Wallet data source, latest Bitcoin BTC price news, BTC Bitcoin real-time price rises by 1.03% to $93835.29, trading volume $62.879 billion

According to the analysis results of the K-line chart, it is currently in a downward trend. It has slightly increased compared to 13:00, slightly decreased compared to 12:00, rebounded compared to 08:00, and decreased compared to 05:00. When the price falls while trading volume rises, it usually indicates an increase in market selling pressure, with sellers actively selling.
This situation may be due to the market becoming pessimistic about future price expectations or being influenced by some negative news, leading to panic selling. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment.
Investors should be vigilant about whether the price will break through key support levels. If the support level is breached, it may trigger a larger decline. Market enthusiasm is high, but prices are falling. The Williams indicator shows that it is currently neither overbought nor oversold.
Recently, trading volume has increased, with trading volume rising compared to previous hours while prices are falling, indicating increased selling pressure.
Market enthusiasm is high but prices are falling before rising, with increased selling pressure. It is recommended to operate cautiously and pay attention to key support levels.

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