BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.9999, an increase of 3.54%, trading volume $412 million

Based on candlestick chart analysis, it is currently in a sideways trend. Compared to 22:00, it has increased significantly, rebounding from 15:00 and breaking through the high point of 23:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase and whether there is new buying interest. Overbought condition, with decreasing trading volume and rising prices. According to the Williams indicator, the current market state is overbought. Recently, trading volume has decreased, with volume down from the previous few hours while prices rise, indicating weakening upward momentum.

Weakening upward momentum or facing a pullback, it is advisable to remain on the sidelines and pay attention to trading volume and new buying interest.

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