Today's analysis
After a brief rise, the CRV market once again faced short-selling pressure, and the rebound momentum failed to last, indicating that the strength of the bulls has declined.
It is worth noting that during the rebound, the CRV price failed to successfully break through the important resistance level, which is undoubtedly a direct reflection of the lack of strength of the bulls.
At the same time, the increase in the proportion of large positions may mean that they have reduced their holdings at high levels, and the lack of market liquidity has also made the price fluctuations more intense. $CRV
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