BOSS Wallet data source, Uniswap latest price news, UNI real-time price rose 3.01% to $8.012, trading volume $283 million
According to the analysis of the K-line chart, it is now in a volatile trend. It has risen sharply compared to 07:00, rebounded compared to 00:00, and broke through the high point of 08:00. The price rises but the trading volume decreases, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
The price increase may be caused by a lack of selling, which is considered a "volumeless increase". In this case, the price may fall back or go sideways in the future. Due to the lack of trading volume support, the price increase may be difficult to sustain, and we need to be alert to the risk of price decline at a high level.
Investors should pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention. The market is not hot and the trading volume is reduced. The Williams indicator shows that the current market is not overbought or oversold. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakened.
The upward momentum has weakened, so be alert to the risk of falling from highs. It is recommended to operate with caution and pay attention to changes in trading volume.
The above content is for reference only and does not constitute investment advice.