BOSS Wallet data source, Binance Coin bnb latest price news, BNB Binance Coin real-time price rose 1.02% to $581.8, trading volume $2.044 billion
According to the K-line chart, it is currently in a downward trend. It has risen significantly compared to 11:00, rebounded compared to 07:00, and broke through the high point of 03:00. When prices rise and trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a fall from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The trading volume is decreasing and the price is rising. The Williams indicator shows that there is no overbought or oversold at present. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price is rising and the trading volume is decreasing: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to wait and see and pay attention to changes in trading volume and new buying.

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

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