BOSS Wallet data source, Curve today's market news, latest CRV price: $0.7791, 24-hour increase of 16.96%, trading volume $962 million

Analysis from the candlestick chart shows that there is an upward trend now. Compared to 15:00, it has significantly decreased, but has rebounded somewhat since 10:00. When the price falls while trading volume rises, it often indicates increasing selling pressure, and sellers are actively selling.
This situation may stem from the market's pessimistic expectations for future prices or be influenced by negative news, triggering panic selling. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment. Investors should pay attention to whether prices will break below key support levels; if support is breached, it may trigger a larger decline.
The market is in an upward trend, with increased trading volume, indicating market activity. According to the Williams indicator, the current situation shows neither overbought nor oversold conditions. Recently, trading volume has increased, with volume rising compared to previous hours, price decreasing, and volume increasing: selling pressure is rising.

The rise may be driven by market activity, but selling pressure is increasing. It is advisable to cautiously observe the subsequent trend and pay attention to key support levels.

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