BOSS Wallet data source, Avalanche today's market news, AVAX latest price: $28.765, 24-hour rise 5.24%, volume $4.74 billion. After studying the Candlestick Chart, it is currently in a oscillating trend. Compared to a significant drop at 19:00, it has rebounded compared to 17:00 and declined compared to 12:00. The price is rising but the volume is decreasing, which usually means the pumping momentum in the market is weakening and the number of buyers is decreasing. This volume-price divergence phenomenon may be due to insufficient selling pressure. In this case, the future price may pullback or Sideways. Due to the lack of volume support, the price pump may be difficult to sustain, and investors should be cautious of the risk of a pullback at high levels. Suggest whether follow volume can keep up with the price pump, and whether there are new buying orders entering. The market heat is low and the volume is decreasing. According to the Williams indicator, the current market status is Overbought. Recently, the volume has decreased, the volume has decreased compared to the previous few hours, the price has risen, and the volume has decreased: the pump momentum has weakened.

The upward momentum is weakening, it is recommended to trade with caution, follow the volume and new buying interest, and be alert to the risk of price decline. The above content is for reference only and does not constitute investment advice.