BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.6782, an increase of 3.04%, trading volume $668 million

From the analysis of the candlestick chart, it is known that there is currently an upward trend. Compared to 12:00, there is a slight increase; compared to 11:00, there is a slight decrease; and there has been a recovery compared to 05:00. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be caused by a lack of selling pressure. In this case, 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 wary of the risk of a high position retracement and pay attention to whether the trading volume can keep up with the price increase and whether new buying pressure appears.
Market sentiment is low while prices are rising. The Williams indicator shows that there is currently no overbought or oversold condition. Recently, trading volume has decreased, with trading volume reducing compared to the previous hours, and prices are rising while trading volume is falling: upward momentum is weakening.

Upward momentum is weakening, it is advised to wait and see, and make decisions after the market stabilizes.

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