BOSS Wallet data source, Curve today's market news, CRV latest price: $0.8775, 24-hour drop -3.06%, trading volume $330 million
According to the K-line chart analysis, it is currently in an upward trend. Slightly up compared to 21:00, slightly down compared to 22:00, and rebounding compared to 17:00. Price is rising but trading volume is decreasing, which usually indicates a weakening of the market's upward momentum and a decrease in the number of buyers.
This divergence in volume and price 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 sustain their rise. Investors should be wary of the risk of a high position retracement and pay attention to whether trading volume can keep up with price increases and if there are new buy orders entering.
The market is in an upward trend, and trading volume has decreased, indicating a quiet market. The Williams indicator suggests that it is currently neither overbought nor oversold. Recently, trading volume has decreased, trading volume has dropped compared to previous hours, price is rising, and trading volume is decreasing: upward momentum is weakening.
Upward momentum is weakening; it is recommended to observe and wait for new buy orders to enter or for market warming signals.
The above content is for reference only and does not constitute investment advice.