BOSS Wallet data source, Curve real-time price trends, the latest price of CRV today reached $0.6792, with an increase of up to 3.07%, trading volume $700 million

After studying the K-line chart, it shows an upward trend. Compared to the significant drop at 22:00, there is a recovery from 17:00 and a decline from 20:00. When the price rises but the trading volume decreases, 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 caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be cautious of the risk of price retracement at high levels and pay attention to whether the trading volume can keep up with the price increase, as well as whether there is new buying interest.
Decreased trading volume, weakening upward momentum. The Williams indicator indicates that it is currently not overbought or oversold. Recently, trading volume has decreased, trading volume has dropped compared to the previous few hours, with prices rising and trading volume declining: upward momentum is weakening.

Weakening upward momentum, possible pullback or sideways movement, cautious operation is recommended, focus on trading volume and new buying interest.

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