BOSS Wallet data source, latest price news from Curve, CRV real-time price increased by 3.62% to $0.7066, trading volume $599 million

Analyzing through candlestick chart, currently in an upward trend. Compared to 21:00 it has significantly dropped, has rebounded compared to 17:00, and has decreased compared to 20:00. Price is rising but trading volume is decreasing, which usually indicates weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of volume-price divergence may be due to a lack of selling pressure. In this case, the future price may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for the price to sustain its rise. Investors should be cautious of the risk of a high position retreat and pay attention to whether trading volume can keep up with the price rise, as well as whether new buying pressure emerges.
Trading volume has decreased compared to previous days, price is rising, trading volume is down: upward momentum is weakening. According to the Williams indicator, it is now overbought. Recently, trading volume has decreased, trading volume compared to the previous few hours has decreased, price is rising, trading volume is down: upward momentum is weakening.

Upward momentum is weakening, it is recommended to reduce positions and observe, focusing on changes in trading volume and new buying pressure.

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