BOSS Wallet data source, Curve real-time price trend, the latest price of CRV today has reached $0.6821, with an increase of 3.58%, trading volume $703 million

From the research findings of the candlestick chart, it shows an upward trend now. Compared to a significant drop at 22:00, there is a recovery compared to 17:00, but a decline compared to 20:00. The price is rising but the 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 volume-price divergence 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 continue rising. Investors need to be cautious of the risk of a high-level pullback, paying attention to whether the trading volume can keep up with the price increase and whether there is new buying interest.
The market is in an upward trend, with a decrease in trading volume, indicating a quiet market. The Williams indicator shows that it is currently not in overbought or oversold conditions. Recently, trading volume has decreased, with trading volume reduced compared to the previous few hours, while the price is rising and trading volume is decreasing: upward momentum is weakening.

The upward momentum is weakening, the market is quiet, it is recommended to observe and wait for warming signals.

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