BOSS Wallet data source, Curve real-time price trend, the latest price of CRV today reached $0.9567, with a rise of 3.02%, trading volume $386 million

Through the analysis of the candlestick chart, there is currently a downward trend. Compared to 21:00, there has been a significant increase, and it has rebounded compared to 14:00, breaking through the high point of 22:00. The price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to 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 sustain their rise. Investors should be cautious of the risk of high-level pullbacks and pay attention to whether trading volume can keep up with price increases and whether new buying pressure emerges.
In a downward trend, trading volume decreases while price increases. The Williams indicator shows that there is currently no overbought or oversold situation. Recently, trading volume has decreased, with volume down compared to the previous few hours, while prices rise and volume declines: upward momentum is weakening.

The market's upward momentum is weakening, it is recommended to remain cautious, pay attention to trading volume and new buying pressure, and be wary of the risk of high-level pullbacks.

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