BOSS Wallet data source, Curve real-time price trend, today's latest CRV price reaches $0.8734, with an increase of 3.06%, trading volume $330 million

From the K-line chart analysis, it appears to be an upward trend. Compared to 21:00, there is a slight increase; compared to 22:00, there is a slight decrease; and there is a recovery compared to 17:00. 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 divergence between price and volume may be caused by a lack of selling pressure. In this situation, future prices may experience a pullback or range consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be wary of the risk of a high-level retreat and pay attention to whether trading volume can keep up with price increases, as well as whether new buying pressure emerges.
Decreasing trading volume and weakening upward momentum. According to the Williams indicator, it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume lower than in previous hours, prices are rising but trading volume is declining: upward momentum is weakening.

Market upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in volume, and avoid blind entry.

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