BOSS Wallet data source, Curve today's market news, CRV latest price: $0.921, 24-hour drop -1.339%, trading volume $252 million

By studying the candlestick chart, it is currently in a downtrend. Slightly up compared to 12:00, slightly down compared to 13:00, and has rebounded compared to 09:00. The price is rising but trading volume is declining, which usually indicates weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between volume and price may be caused by a lack of sell orders. 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 sustain their rise. Investors need to be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and whether there is new buying interest.
In a downtrend, trading volume decreases while prices rise. The Williams indicator indicates that there is currently no overbought or oversold state. Recently, trading volume has decreased, trading volume is down compared to the previous hours, and prices are rising while trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is recommended to remain cautious and focus on subsequent trading volume and new buying interest.

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