BOSS Wallet data source, Curve latest price news, CRV real-time price increased by 3.52% to $0.9657, trading volume $385 million
According to the analysis of the candlestick chart, there is currently a downward trend. Compared to 21:00, there was a significant increase, and it has rebounded from 14:00, breaking through the high point of 22:00. When the price rises while trading volume declines, it usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of trading volume support, it is difficult for the price to sustain its rise, and caution should be exercised regarding the risk of a high-level pullback. Investors should pay attention to whether trading volume can accompany price increases and whether new buying interest is entering the market.
Market activity is low, and momentum is weakening. The Williams indicator shows that the current market is neither overbought nor oversold. Recently, trading volume has decreased; trading volume has dropped compared to previous hours, while prices have risen and trading volume has decreased: upward momentum is weakening.
Market upward momentum is weakening, it is recommended to remain cautious, pay attention to changes in volume, and make decisions after the market stabilizes.
The above content is for reference only and does not constitute investment advice.