BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.7617, an increase of 3.04%, trading volume $844 million

According to the analysis of the candlestick chart, it is currently in a downward trend. Compared to 11:00, it has increased significantly, rebounding from 10:00, and has decreased from 06:00. When the price rises while 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 volume-price divergence is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain an upward trend, and the risk of a pullback at high levels should be noted. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Decreased trading volume with rising prices indicates weakened upward momentum. According to the Williams indicator, the current market state shows no overbought or oversold conditions. Recently, trading volume has decreased, trading volume is lower than in previous hours, prices are rising, and trading volume is declining: upward momentum is weakening.

With weakening upward momentum, it is advisable to maintain a wait-and-see approach, focusing on changes in trading volume and new buying pressure to mitigate risks.

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