BOSS Wallet data source, Curve today's market news, latest CRV price: $0.7798, 24-hour increase 17.07%, trading volume $889 million

From the candlestick chart, it can be seen that we are currently in a downward trend. Compared to 12:00, there has been a significant increase, a rebound compared to 10:00, and a decrease compared to 06:00. Prices are rising but trading volume is decreasing, which usually indicates a weakening of the market's upward momentum and a reduction in the number of buyers.
This divergence phenomenon 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 trading volume support, it may be difficult for price increases to sustain, and investors should be cautious of the risk of price pullbacks at high levels.
It is advisable to pay attention to whether trading volume can keep up with price increases and whether new buying interest is coming in. Trading volume is decreasing while prices are rising. According to the Williams indicator, we are currently neither overbought nor oversold. Recently, trading volume has decreased, trading volume has reduced compared to the previous few hours, and prices are rising while trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to maintain a wait-and-see approach, paying attention to trading volume and new buying interest.

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