BOSS Wallet data source, Uniswap real-time price trend, the latest price of UNI today reaches £7.651, with an increase of 3.00%, trading volume £265 million
According to the candlestick chart, it is currently in a fluctuating trend. Compared to 22:00, there has been a significant decline, breaking through the low of 18:00, and a drop from 14:00. When the price falls and trading volume rises, it typically indicates increasing selling pressure in the market, with sellers actively selling.
This situation may be due to market expectations for future prices becoming pessimistic, or being influenced by certain negative news, leading to panic selling. Future prices may continue to decline as selling pressure is strong and market sentiment is pessimistic.
Investors should be cautious about whether the price will break through key support levels. If the support level is breached, it could trigger a larger decline. The price is going down, and selling pressure is increasing. The Williams indicator shows that the current state is neither overbought nor oversold.
Recent trading volume has increased, with volume rising compared to the previous few hours, while prices are falling: selling pressure is increasing.
The rise may be a temporary rebound; it is advisable to hold cautiously and pay attention to key support levels to avoid blindly increasing positions.
The above content is for reference only and does not constitute investment advice.