BOSS Wallet data source, Curve real-time price trends, the latest CRV price today reaches $0.6619, with an increase of 3.07%, trading volume $452 million

From the analysis of the candlestick chart, it shows an upward trend at present. Compared to 17:00, there is a significant increase, but a decrease compared to 12:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and fewer buyers.
This divergence phenomenon between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate. Due to the lack of trading volume support, the price increase may be difficult to sustain, and investors should be cautious about the risk of price pullbacks at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase, and whether there is new buying interest. The market trend is upward, trading volume is decreasing, and price is rising. The Williams indicator indicates that it is currently in the overbought territory. Recently, trading volume has decreased, trading volume is down compared to the previous few hours, and price is rising while volume is declining: upward momentum is weakening.

Upward momentum is weakening, with a risk of correction; it is advised to reduce positions and observe the changes in trading volume.

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