1-hour level: Open interest increased, CVD reached a new low, but the price did not reach a new low. This shows that the increased open interest is short positions. The 1-hour level is bullish. How much it can rise depends on how much short fuel there is.
$CRV broke through the downward trend line, but the upward momentum feels small. Now it follows the decline but not the rise. ETH has taken off, but this bastard is still dawdling.