BOSS Wallet data source, latest price news from Curve, CRV real-time price rises by 3.04% to $0.9486, trading volume $349 million

By studying the candlestick chart, it is currently in a downtrend. Compared to 14:00, there has been a significant rise, a recovery compared to 13:00, and a decline compared to 07:00. Price is down but trading volume is up, which usually means increased selling pressure, with sellers actively selling.
This situation may indicate that the market has a pessimistic view of future prices, or there may be some negative news triggering panic selling. In this case, future prices may continue to decline due to high selling pressure and pessimistic market sentiment.
Investors should be vigilant about whether prices will break through key support levels. If the support level is breached, it could trigger a larger decline. However, the price is falling, indicating increased selling pressure. The Williams indicator suggests that it is currently oversold. Recently, trading volume has increased, with volume rising compared to the previous few hours, price falling, and volume rising: increased selling pressure.

Analysis: The rise may be a short-term rebound, but selling pressure remains. Recommendation: Continue to observe, focus on support levels and market sentiment.

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