BOSS Wallet data source, Curve real-time price market, CRV today's latest price reaches $0.7591, up 3.07%, trading volume $938 million
According to the analysis of the candlestick chart, it is currently in a downward trend. Compared to 23:00, it has risen significantly, has rebounded compared to 21:00, and has decreased compared to 16:00. Price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate. Due to the lack of volume support, it may be difficult for prices to sustain their rise, and investors should be wary of the risk of price retreating from high levels.
It is recommended to pay attention to whether trading volume can keep up with rising prices and whether there are new buyers entering the market. Trading volume is decreasing while prices are rising. According to the Williams indicator, the current state shows no overbought or oversold conditions. Recently, trading volume has decreased, with volume lower than in previous hours while prices rise and volume decreases: upward momentum is weakening.
The market's upward momentum is weakening; it is advisable to observe, focus on trading volume and new buyers, and be alert to the risk of price retreat.
The above content is for reference only and does not constitute investment advice.