BOSS Wallet data source, Curve's price today, CRV's latest price broke through $0.5033, an increase of 3.01%, and the transaction volume was $153 million

Based on the analysis of the candlestick chart, the current trend is downward. It has risen significantly compared to 07:00 and has fallen slightly compared to 03:00. When prices rise and trading volume decreases, it usually means 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. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a pullback from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The trading volume is decreasing and the price is rising. Judging by the Williams indicator, there is no overbought or oversold state now. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price is rising and the trading volume is decreasing: the upward momentum is weakening.

The upward momentum has weakened, and it is recommended to remain on the sidelines and pay attention to the subsequent volume-price coordination and new buying.

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