BOSS Wallet data source, Big Time real-time price quotes, BIGTIME's latest price today is $0.15555, an increase of 3.02%, and the transaction volume is $70.7443 million
According to the analysis of the K-line chart, the current trend is downward. It has risen significantly compared to 17:00, rebounded compared to 15:00, and decreased compared to 10:00. 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.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
The market activity is low and the momentum is weakening. Judging by the Williams indicator, 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 rises and the trading volume decreases: the upward momentum is weakening.
Market momentum is weakening, so it is recommended to wait and see, and take action only when trading volume matches price increases or there is new buying.
The above content is for reference only and does not constitute investment advice.