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Coin world network real-time market morning news: ETHETH price of Ethereum broke through $3621.55 per coin, rising 1.00% during the day.
BOSS Wallet data source, the latest price message of Ether on the ETH platform, the real-time price of ETH on the ETH platform pumped 1.00% to $3621.55, volume $275.96 billion
The candlestick chart shows a downward trend at the moment. Compared to a significant pump at 23:00, there is a rebound compared to 19:00, and a decrease compared to 15:00. When the price rises and the volume decreases, it usually means that the market’s pumping momentum is weakening, and the number of buyers is decreasing. This volume-price divergence phenomenon is usually due to a lack of selling pressure. In this case, the future price may pullback or consolidate sideways. Due to a lack of volume support, the price pump is difficult to sustain, and the risk of a high-level pullback should be noted. Investors should follow the volume to see if it cooperates with the price pump and whether there are new buyers entering the market. The market is less active, and the momentum is weakening. The Williams indicator shows that there is currently no Overbought and Oversold period. Recently, the volume has decreased, the volume is lower than the previous few hours, the price rise, and the volume decreases: the pump momentum weakens.
The market’s upward momentum is weakening, it is recommended to remain cautious, follow the volume changes, and wait for the market to stabilize.
The above content is for reference only and does not constitute investment advice.