BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.5184, an increase of 3.00%, trading volume $155 million

Based on the candlestick chart analysis, it is currently in a downward trend. Compared to 11:00, there has been a significant decline, a rebound compared to 07:00, and a decline compared to 03:00. The price is rising but trading volume is decreasing, which typically indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to a lack of selling pressure. In this case, future prices may face a correction or consolidation due to the lack of support from trading volume, making it difficult for prices to sustain their rise. Investors should be wary of the risk of a high-level pullback, paying attention to whether trading volume can keep up with the price rise and whether there is new buying interest.
Trading volume is decreasing while prices are rising. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in the previous hours, while prices rise and trading volume falls: upward momentum is weakening.

Upward momentum is weakening, it is recommended to stay on the sidelines, be cautious of pullback risks, and pay attention to changes in trading volume and new buying interest.

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