BOSS Wallet data source, Curve today's market news, CRV latest price: $0.6585, 24-hour increase 33.14%, trading volume $452 million

Based on the analysis of the K-line chart, there is currently an upward trend. Compared to 17:00, there has been a significant increase, but a decline compared to 12:00. Prices are rising but trading volume is decreasing, which usually indicates weakening upward momentum in the market and a decrease in the number of buyers.
This divergence phenomenon between 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 price increases to sustain. Investors should be cautious of the risk of a high-level retracement and pay attention to whether trading volume can keep up with the price increase and whether there are new buyers entering the market.
Upward trend, decreasing trading volume, rising prices. According to the Williams indicator, the current state is overbought. Recently, trading volume has decreased, with a reduction compared to the previous hours, while prices are rising and trading volume is decreasing: upward momentum is weakening.

Weakening upward momentum, potential pullback, it is recommended to remain cautious and appropriately reduce positions.

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