BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.6807, an increase of 3.51%, trading volume $674 million

Analysis through candlestick chart shows that there is an upward trend. Compared to 12:00, there is a significant increase, and it has rebounded compared to 05:00, breaking through the high point at 11:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may adjust or consolidate sideways. Due to the lack of volume support, it is difficult for the price increase to sustain, and there is a risk of a pullback from high levels. Investors should pay attention to whether the trading volume can keep up with the price increase and whether there are new buyers entering the market.
Price is rising, indicating weakening upward momentum. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, with volume reducing compared to previous hours, and as the price rises, trading volume declines: upward momentum is weakening.

Market upward momentum is weakening, it is advisable to enter cautiously, set stop-loss levels, and pay attention to changes in trading volume.

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