BOSS Wallet data source, Curve real-time price trend, CRV today's latest price reaches $0.7048, with a rise of 3.54%, trading volume $506 million

From the analysis results of the K-line chart, it is currently in an upward trend. Compared to 23:00, there has been a significant rise, breaking through the high point of 15:00. The price is rising but trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, it may be difficult for price increases to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there are new buy orders entering. The market trend is upward, trading volume is decreasing, and prices are rising. According to the Williams indicator, it is currently overbought. Recently, trading volume has decreased, with volume down from a few hours ago, and prices are rising while trading volume is declining: upward momentum is weakening.

The market's upward momentum is weakening; it is advisable to reduce positions in a timely manner, pay attention to trading volume and new buy orders, and be cautious of the risk of price retracement.

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